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Average population earnings per share for financial service corporations such as American Express, E * Trade...

Average population earnings per share for financial service corporations such as American Express, E * Trade Group, Goldman Sachs and Merril Lynch were $ 3 (Business Week, August 14, 2000). In 2001, the following earnings per share data were obtained for a sample of 10 financial services corporations:
1.92 2.16 3.63 3.16 4.02 3.14 2.20 2.34 3.05 2.38 
Perform the required analysis to determine if the average population earnings per share in 2001 differ from the three dollars reported in 2000, with a 5.0% margin of error.

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orchestra answered 2 years ago
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