A sample containing years to maturity and yield for 40 corporate bonds are contained in the data given below.
Years to Maturity: 5.50, 6.75, 16.25, 14.00, 23.75, 20.00, 16.50, 25.25, 6.25, 2.25, 22.00, 5.25, 2.75, 7.75, 28.25, 21.25, 25.25, 23.75, 9.25, 16.75, 11.75, 23.75, 14.25, 9.25, 22.00, 13.25, 15.75, 10.75, 28.25, 2.50, 6.75, 16.75, 24.50, 2.50, 10.75, 28.75, 26.25, 21.50, 9.75, 25.25
Yield: 8.137, 1.816, 6.973, 4.236, 5.514, 3.999, 2.363, 5.770, 1.691, 4.652, 2.575, 7.419, 4.323, 4.034, 3.539, 3.363, 5.953, 4.689, 5.812, 6.719, 3.385, 4.765, 6.772, 7.378, 2.948, 6.177, 3.485, 7.294, 3.423, 6.931, 3.876, 5.444, 4.545, 2.229, 7.583, 6.550, 6.881, 4.740, 7.410, 3.372
a. What is the sample mean years to maturity for corporate bonds and what is the sample standard deviation?
Mean (to 4 decimals)
Standard deviation (to 4 decimals)
b. Develop a 95% confidence interval for the population mean years to maturity. Round the answer to four decimal places.
( , ) years
c. What is the sample mean yield on corporate bonds and what is the sample standard deviation?
Mean (to 4 decimals)
Standard deviation (to 4 decimals)
d. Develop a 95% confidence interval for the population mean yield on corporate bonds. Round the answer to four decimal places.
( , ) percent