Statistics: Informed Decisions Using Data (4th Edition)

by Sullivan III, Michael

Published by Pearson

ISBN 10: 0321757270

ISBN 13: 978-0-32175-727-2

Chapter 14 - Section 14.1 - Assess Your Understanding - Applying the Concepts - Page 690: 17d

Answer

3.694%

Work Step by Step

$ŷ =1.0997x+0.120$ For a rate of return of the S&P 500 equal to 3.25%, that is, $x=3.25$: $ŷ =1.0997\times3.25+0.120=3.694$

Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.