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(Solved): The average dividend yield of a random sample of 20 JSE-listed companies this year was found to be 1 ...



The average dividend yield of a random sample of 20 JSE-listed companies this year was found to be 14.5%, with a sample standard deviation of 3.4%. Assuming that dividend yields are normally distributed: a. calculate, with 90% confidence, the actual mean dividend yield of all JSE-listed companies this year. Interpret the findings. (8) b. calculate, with 98% confidence, the actual mean dividend yield of all JSE-listed companies this year. (8) c. compare and comment on the intervals calculated above. (4)



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