Financial Experts versus the Darts. This set of exercises examines how close the estimated mean, variance, and standard deviation are to their true values. Use the Darts data set from the Chapter 3 Case Study for Exercises 34–37.
Question 3.248
darts
35. Use the frequency distribution from Exercise 34 to calculate the estimated mean stock price change for the professionals, Darts, and the DJIA data sets.
3.3.35
Professionals: 13.25
Darts: 5.5
DJIA: 7.75