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Use the following sample data to find the mean, median, mode if any, and construct a confidence interval using 98% condidence level
Please use the below Excel:
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Use the following sample data to find the mean, median, mode if any, and
however, please construct a confidence interval using 98% condidence level for extra credit:
X
158
162
157
171
154
155
169
149
157
163
158
168
161
155
159
160
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Most Popular Content
4 pages
Linear programming
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk ...
Linear programming
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $50,000 to invest. B&R’s investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 12 percent, and the Blue Chip fund has a projected annual return of 9 percent. The investment adviser requires that at most $35,000 of the client’s funds should be invested in the Internet fund. B&R services include a risk rating for each investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 6 per $1,000 invested. The Blue Chip fund has a risk rating of 4 per $1,000 invested.
a. Formulate a linear programming model to find the best investment strategy for this client.
7 pages
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1. How large would a potential Jackpot have to be in the California Mega Millions Lottery to be fair for the game? Present ...
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Use Excel’s Data Analysis Tool Add-in to generate the Descriptive Statistics Summary Table for the values in Column B (as demonstrated in Section 3.2 of the text). Also use Excel’s Chart tools (as discussed in Section 3.4 of the text) to generate a box plot on the 30 responses. Comment on the measures and shape of the distribution. Do the measures and shape represent what you would expect based on randomly determined values? Why or why not? Include the data set of the 30 random values and your output in your response. Provide references (Refer to Chapter 3 Review: Supplementary Exercises 62 in the Chapter 3 topic Resources in Essentials of Modern Business Statistics With Microsoft Office Excel in MindTap).
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