Answer to Question #131925 in Statistics and Probability for Jonathan

Question

You have a data set with 50 cases (where each case is a calendar year). Based on this data, you have the following statistics:

• mean of the x-variable: 2.19%
• standard devation of the x-variable: 8.58%
• mean of the y-variable: 10.33%
• standard devation of the y-variable: 20.24%
• correlation between the two variables: 0.432

Suppose that the mean change in January is 3.35%. What is the predicted value of the change in the stock market index for the year?

Enter your answer to 2 decimal places in percent format

Answer 1

Dear Jonathan, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order