(See Steps) Consider the following realized annual returns: Year End Market Realized Return Microsoft Realized Return 1996 21.2% 88.3% 1997 30.3% 56.4% 1998
Question: Consider the following realized annual returns:
| Year End | Market Realized Return | Microsoft Realized Return |
| 1996 | 21.2% | 88.3% |
| 1997 | 30.3% | 56.4% |
| 1998 | 22.3% | 114.6% |
| 1999 | 25.3% | 68.4% |
| 2000 | -11.0% | -62.8% |
| 2001 | -11.3% | 52.7% |
| 2002 | -20.8% | -22.0% |
| 2003 | 33.1% | 6.9% |
| 2004 | 13.0% | 9.2% |
| 2005 | 7.3% | -0.9% |
Suppose that you want to use the 10 year historical average return on Microsoft to forecast the expected future return on Microsoft.
Required: Calculate the 95% confidence interval for your estimate of the expected return. (6 marks)
Deliverable: Word Document 
![[See Solution] Consider the following returns: Lowes](/images/solutions/MC-solution-library-77948.jpg "[See Solution] Consider the following returns: Lowes Home Depot")
[See Solution] Consider the following returns: Lowes Home Depot
![[See Solution] Consider two firms: firm Without](/images/solutions/MC-solution-library-77949.jpg "[See Solution] Consider two firms: firm Without has no debt, and")
[See Solution] Consider two firms: firm Without has no debt, and
![[Steps Shown] You are purchasing a new](/images/solutions/MC-solution-library-77950.jpg "[Steps Shown] You are purchasing a new home and need to borrow")
[Steps Shown] You are purchasing a new home and need to borrow
(Solution Library) Your firm is preparing to open a new retail
![[Solution Library] You currently own $100,000 worth](/images/solutions/MC-solution-library-77952.jpg "[Solution Library] You currently own $100,000 worth of Wal-Mart")
[Solution Library] You currently own $100,000 worth of Wal-Mart
Simplifying Radicals and Radical Rules - MathCracker.com