Estimate of the standard deviation of weekly amount invested

Reference no: EM131384762

Refer to given Exercise and the revised process. Is this process capable of meeting a goal value of $1.5M for the standard deviation of the weekly amount invested? Construct an appropriate chart and discuss.

Exercise
An investment bank is interested in monitoring the weekly amount (in millions of dollars) invested in volatile stocks so as to maintain a stable rate of return on a selected fund. Tableshows 25 consecutive weeks of the amount invested ($M) in the fund. Construct appropriate control charts and comment on the stability of investment.

Revise the chart, if necessary, assuming special causes for out-of-control points. What is your estimate of the standard deviation of the weekly amount invested?

Table: Weekly investment in Volatile Stocks
Week	Investment(SM)	Week	Investment(SM)	Week	Investment(SM)
1	16.2	10	12.9	19	16.3
2	10.8	11	28.5	20	14.2
3	18.9	12	23.3	21	21.5
4	14.4	13	20.2	22	18.6
5	15.7	14	19.3	23	20.9
6	25.3	15	14.8	24	22.4
7	20.4	16	18.7	25	21.8
8	22.6	17	20.4
9	17.8	18	21.2

Reference no: EM131384762

Questions Cloud

How would you communicate the importance of the practice : Project 1 and 2 was written by you and now there is project 3, after writing project3, you will have to combine the 3 projects and then write 1 page summary of the whole paper and then combine it and make it a portfolio and rem it will be in APA ..

Explain and discuss history and causes of cystic fibrosis : To define Cystic Fibrosis.To explain and discuss history and causes of Cystic Fibrosis.To describe impact of Cystic Fibrosis in healthcare and nursing.Identify and recognize that living with a chronic disease like cystic fibrosis is possible throug..

Construct appropriate control chart and comment on stability : Construct appropriate control charts and comment on the stability of investment. Revise the chart, if necessary, assuming special causes for out-of-control points. What is your estimate of the standard deviation of the weekly amount invested?

Write essay on most important elements of computer security : The class textbook is not a valid source for this assignment. Apply the content from the articles in an essay on the most important elements of computer security.

Estimate of the standard deviation of weekly amount invested : Revise the chart, if necessary, assuming special causes for out-of-control points. What is your estimate of the standard deviation of the weekly amount invested?

Discuss age-related changes in conception of death : Discuss age-related changes in conception of and attitude toward death, including ways to enhance child and adolescent understanding of death and dying.

Define the term good for the purpose of this situation : Write a 1,050-word argumentative essay on your approved business decision including the following: Discuss why the business decision is good or not good for business.Define the term "good" for the purpose of this situation.Identify the premise and c..

What role does culture play with a weak or negative culture : Visit the online library to identify and cite an additional definition of organizational culture and compare it to the definition offered in textbook. What role does culture play with a weak or negative culture with respect to a competitive advanta..

Create a completely new-and more effective-strategic plan : In coming months, you and your team will be creating a completely new-and, presumably, more effective-strategic plan. You plan to begin by holding a kick-off meeting with your team.

User Account

All Pages