Find interval containing all possible sample means returns

Reference no: EM13142912

A company normally distributed with a mean of 12.4% and a standard deviation of 20.6%, consider drawing a random sample of n=5 stocks from the population of all stocks and calculating the mean return, -x of the sampled stocks. Find the mean and the standard deviation of the sampling distribution of -x and find the interval containing 95.44% of all possible sample means returns.

Reference no: EM13142912

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