Developing a nentry five percent confidence interval

Assignment Help Basic Statistics

Reference no: EM13103270

Many stock market observers say that when the P/E ratio for stocks get over 20 that market is overvalued. The P/E ratio is the stock price divided by the most recent 12 months of earnings. Suppose you are interested in seeing whether the current market is overvalued and would also like to know the proportion of companies that pay dividends. A random sample of 30 companies listed on the New York Stock exchange is provided. What is a point estimate of the P/E ratio for the population of stocks listed on the New York Stock Exchange? Develop a 95% confidence interval.

Reference no: EM13103270

Questions Cloud

How leaders influence organizational performance : Comprise in your response explain how leaders influence organizational performance and provide an example that is congruent with your position.

Probability and binomial distribution : There are 10 questions on a true-false test. A student feels unprepared for this test and randomly guesses the answer for each of these.

Explain western culture : Explain Western Culture, Read the case study Culture at Wal-Mart. Western companies often execute western culture on the country in which the business is launched. Locate an article that comprises a similar situation as Wal-Mart and summarize the ..

Question on probability of normal distribution : Steve Goodman, production foreman for the Florida Gold Fruit Company, estimates that the average sale of oranges is 4,700 and the standard deviation is 500 oranges. Sales follow a normal distribution.

Developing a nentry five percent confidence interval : What is a point estimate of the P/E ratio for the population of stocks listed on the New York Stock Exchange? Develop a 95% confidence interval.

Identify the ways that arguments or presentation of argument : Japanese cultural evaluation in which you identify the ways that arguments or presentation of arguments would need to be changed as the result of cultural differences.

Describe why do you think businesses internationalize : Describe why do you think businesses internationalize? Which forces are most significant or influential and which are secondary forces to consider? Cite some examples. Organized and be specific.

Information about quantitative analysis for management : What is the probability that an employee will have a cold next year? Given that an employee is involved in an exercise program, what is the probability that he or she will ge a cold next year?

Explain how it enabled organizational capabilities necessary : Explain how IT enabled organizational capabilities necessary to execute the evolving strategy. Show how IT impact on Business Model Performance and Show explain how five competitive forces that shape strategy.

User Account

All Pages