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The table shows the 52 week high for eleven stocks. Avon (10.65) Nordstroms (83.16) ISIS Pharm(62.54) JJ (109.49) Kellogg (72.34) Coca Cola (53.79)...
The table shows the 52 week high for eleven stocks. Avon (10.65) Nordstroms (83.16) ISIS Pharm(62.54) J&J (109.49) Kellogg (72.34) Coca Cola (53.79) Fedex (168.33) Microsoft (54.98) Apple (134.54) BBY (42.00) Disney (122.08). Assume that the 52 weeks maxima are normally distributed. A. Determine the mean and variance of the 52 week high. B. calculate the margin of error if younwere asked to determine a 99% confidence interval for the average 52 weeks high. C. What is the 99% confidence interval for the 52 week high? D. interpret what this confidence interval means. E. Why did you use the table that you used?
