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CFA
What is today's share price?
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London
, Last updated: Apr 04, 2024
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1 Answer
John Smith
John Smith
Answered Sep 13, 2016
0.268 and 0.332
Interval estimate can be found from p +/- z[p(1-p)/n]0.5. Here we have n = 1400, p = 414/1400 = 0.3 and z = 2.58 (for 99%). Therefore 0.3 +/- 2.58*0.01225 and we get 0.268 and 0.332.
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