Draw a frequency distribution of the numbers

Assignment Help Finance Basics
Reference no: EM131410307

The central limit theorem gives a fundamental result for sampling - that large samples, or any samples from a Normally distributed population, are Normally distributed. Test this result to see that it really works. For this you can:

· use a spreadsheet to generate a population of random numbers

· draw a frequency distribution of the numbers and confirm that they follow a uniform distribution (where each number has the same probability)

· take large samples from this population of numbers and calculate the mean of each sample

· draw a frequency distribution of these means (i.e. the sampling distribution of the mean)

· confirm that the result is Normally distributed.

Now repeat this process for different sample sizes and initial distributions of values to see what effect this has.

Reference no: EM131410307

Questions Cloud

Performance for your critique speech : What is the name of the book, movie, play or performance for your critique speech - the critique topic must he an analysis of a book, movie, play, or performance- reasons Develop Main Points
Describe a contemporary control tool or systems : Describe a contemporary control tool/systems (such as Balanced Scorecard, Open Book Management, Total Quality Management, etc.). Show how it works.
Discuss key advantages and disadvantage of organic expansion : Discuss the key advantages and disadvantages of organic expansion and each of the listed forms of business combination for an international expansion. Support your views with relevant examples.
Discuss how culture is reflected in the chosen theory : Discuss how culture is reflected in the chosen theory. What types of companies might choose it? Once chosen, how might the company's culture be affected?
Draw a frequency distribution of the numbers : Now repeat this process for different sample sizes and initial distributions of values to see what effect this has.
What financial information useful to help with forecasting : Explain why the two items were chosen and what financial information (i.e. prior year tax returns, possible sales and acquisitions) is useful to help with forecasting.
Write a letter to the policymaker : Write a letter to the policymaker that focuses on your support or opposition to a health care policy issue you select.
What is the 99% confidence interval : A survey of 20 items in a sales ledger has a mean value of r100 and standard deviation of r20. What is the 95% confidence interval for the population of items? What is the 99% confidence interval?
In what institution would you deposit your money : Find out what, if any, restrictions are in effect for NOW accounts and regular checking accounts. In which type of account and in what institution would you deposit your money? Why?

Reviews

Write a Review

Finance Basics Questions & Answers

  Which 1000 bond has the higher yield to maturity a

which 1000 bond has the higher yield to maturity a twenty-years bond selling for 800 with a current yield of 15 or a

  What is the pretax operating cash flow break-even

IronVerks Ribshack has total fixed costs of $8,500 per month. It sells rib plates for $15 each, and the variable cost of providing each plate is $10. What is the pretax operating cash flow break-even point for IronVerks?

  Objective type questions on current assets and liabilities

Objective type questions on current assets and liabilities and Which of the following statements is CORRECT

  Make a statement of cash flows

The Sally Company's income statement is given below. Determine the Fixed Charge Coverage Ratio and Net Profit Margin.

  Measure the credit risk capital adequacy component of pillar

Define Credit Risk and What approaches may be used to measure the credit risk capital adequacy component of pillar1

  How many years do these bonds have left until they mature

Backwater Corp. has 10 percent coupon bonds making annual payments with a YTM of 9.3 percent. The current yield on these bonds is 9.65 percent.

  What year was the cftc established

On the trading floor, an arb. clerk is otherwise known as an arbitration clerk. (true or false) ? What year was the CFTC established? Futures margins are set by the Federal Reserve Bank. (true or false) ? Futures contracts depreciate in value ove..

  Adjusting entry to record depreciation expense

1. Determine if the adjusting entries to record depreciation expense are up to date. If not, complete the adjusting entry to record depreciation expense for the appropriate period of time to be able to determine the current book value.

  What is the offering price

An open end fund has a NAV of $15.50 per share. The fund charges a 6% load. What is the offering price.

  A company has a total cost of 4000 per unit at a volume of

a company has a total cost of 40.00 per unit at a volume of 120000 units. the variable cost per unit is 25.00. what

  Corporate investment analysis

As a new analyst, you have computed the following annual rates of return for both Lauren Corporation and Kayleigh Industries. Your manager suggests that because these companies produce similar products,

  What is the total market value of debt

In addition, the company has a second debt issue, a zero coupon bond with 11 years left to maturity; the book value of this issue is $60 million, and it sells for 58.0 percent of par.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd