Active trader compared earnings on stock investments when


Question: Active Trader compared earnings on stock investments when companies made strong pre-earnings announcements versus cases where pre-earnings announcements were weak. Both sample sizes were 28. The average performance for the strong preearnings announcement group was 0.19%, and the average performance for the weak pre-earnings group was 0.72%. The standard deviations were 5.72% and 5.10%, respectively. Conduct a test for equality of means using α = 0.01 and construct a 99% confidence interval for difference in means.

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Active trader compared earnings on stock investments when
Reference No:- TGS02491427

Now Priced at $15 (50% Discount)

Recommended (95%)

Rated (4.7/5)