The Dow Jones Industrial Average Yearly Return I have obtained from the following table:
We use the last column.
The U.S. GDP growth rate is below:
We use third column.
- Compute the average, standard deviation and the coefficient of variation of each of the variables. In addition, graph the values of the DJIA on the percentage grow rate of the GDP.
I use Minitab 16 statistical software to complete this question:
Descriptive Statistics: GDP per capita growth, %; Dow Jones Rate
Variable Mean StDev CoefVar
GDP per capita growth, % 1,755 1,994 113,65
Dow Jones Rate 9,67 15,24 157,63
- Compute a 95% confidence interval for the population mean of each variable.
One-Sample T: GDP per capita growth, %; Dow Jones Rate
Variable N Mean StDev SE Mean 95% CI
GDP per capita growth, % 31 ...