MCQs > Finance & Management > Statistics & Probability > A manager of a large bank wants to compute the average interest rates across all bonds that the bank invests in. The manager randomly sampled 127 bonds that the bank invests in and calculated the average interest rate over the past year of the sample was 2.47%. What is the parameter of interest in this study?

Statistics & Probability MCQs

A manager of a large bank wants to compute the average interest rates across all bonds that the bank invests in. The manager randomly sampled 127 bonds that the bank invests in and calculated the average interest rate over the past year of the sample was 2.47%. What is the parameter of interest in this study?

Answer

Correct Answer: The average interest rate of all bonds that the bank invests in.

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Statistics & Probability Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it

search

Statistics & Probability Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it