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 3.249
darts
36. Use the information from the two previous exercises to compute the estimated variance and standard deviation for the stock price changes for the professionals, Darts, and the DJIA data sets.