Question regarding self-evident facts
Derive the formulas for the lower and upper conf bound given in the lecture notes, starting from the given self-evident facts. The answer will be for a general confidence level (95% confidence)
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If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $45 of the mean for that year? Mean = 521.64, S= 56.29
At what prices would Google have to close at in order for it to be considered statistically unusual? You should have a low and high value. Be sure to use the definition of unusual from the textbook. Mean=521.64, S=56.29
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