Over Confidence Give your best guess for the value you might expect on the next day, also give a...

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Index D ay B P share price 01/09/2014 M on 482.7 02/09/2014 Tues 477.3 03/09/2014 W ed 483.75 04/09/2014 Thur 455 05/09/2014 Fri 466.8 06/09/2014 Sat 07/09/2014 Sun 08/09/2014 M on 468.7 09/09/2014 Tues 466.85 10/09/2014 W ed 471.6 11/09/2014 Thur 472.2 12/09/2014 Fri 470.15 13/09/2014 Sat 14/09/2014 Sun 15/09/2014 M on 468.3 16/09/2014 Tues 472.35 17/09/2014 W ed 471.05 18/09/2014 Thur 471.3 19/09/2014 Fri 473.3 20/09/2014 Sat 21/09/2014 Sun 22/09/2014 M on 469.95 23/09/2014 Tues 466.05 24/09/2014 W ed 464.95 25/09/2014 Thur 451.8 26/09/2014 Fri 451.7 27/09/2014 Sat 28/09/2014 Sun 29/09/2014 M on 456.35 Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L Historical Prices | BP Stock - Yahoo! UK & Ireland Finance

Transcript of Over Confidence Give your best guess for the value you might expect on the next day, also give a...

Page 1: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Index Day BP share price

01/09/2014 Mon 482.7 02/09/2014 Tues 477.3

03/09/2014 Wed 483.75 04/09/2014 Thur 455 05/09/2014 Fri 466.8 06/09/2014 Sat 07/09/2014 Sun 08/09/2014 Mon 468.7 09/09/2014 Tues 466.85 10/09/2014 Wed 471.6 11/09/2014 Thur 472.2 12/09/2014 Fri 470.15 13/09/2014 Sat 14/09/2014 Sun 15/09/2014 Mon 468.3 16/09/2014 Tues 472.35 17/09/2014 Wed 471.05 18/09/2014 Thur 471.3 19/09/2014 Fri 473.3 20/09/2014 Sat 21/09/2014 Sun 22/09/2014 Mon 469.95 23/09/2014 Tues 466.05 24/09/2014 Wed 464.95 25/09/2014 Thur 451.8 26/09/2014 Fri 451.7 27/09/2014 Sat 28/09/2014 Sun 29/09/2014 Mon 456.35

Over Confidence

Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess.

BP.L Historical Prices | BP Stock - Yahoo! UK & Ireland Finance

Page 2: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Regression Analysis: BP share price versus Index

Predicted Values for New Observations

New Obs Fit SE Fit 90% CI 90% PI 1 458.82 3.32 (453.08, 464.55) (445.16, 472.47)

BP share Index price 30/09/2014 453.45

Page 3: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Over Confidence

Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess.

Exchange Rates - Compare Currency Exchange Rates

Index Day US Dollar exchange rate

01/09/2014 Mon 1.6612 02/09/2014 Tues 1.6473

03/09/2014 Wed 1.6463 04/09/2014 Thur 1.632 05/09/2014 Fri 1.6326 06/09/2014 Sat 1.6326 07/09/2014 Sun 1.6219 08/09/2014 Mon 1.6095 09/09/2014 Tues 1.6107 10/09/2014 Wed 1.6209 11/09/2014 Thur 1.6255 12/09/2014 Fri 1.6274 13/09/2014 Sat 1.6274 14/09/2014 Sun 1.626 15/09/2014 Mon 1.623 16/09/2014 Tues 1.6251 17/09/2014 Wed 1.625 18/09/2014 Thur 1.6435 19/09/2014 Fri 1.6288 20/09/2014 Sat 1.6288 21/09/2014 Sun 1.631 22/09/2014 Mon 1.6365 23/09/2014 Tues 1.6391 24/09/2014 Wed 1.6331 25/09/2014 Thur 1.6325 26/09/2014 Fri 1.6249 27/09/2014 Sat 1.6249 28/09/2014 Sun 1.6235 29/09/2014 Mon 1.6243

Page 4: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Regression Analysis: US Dollar exchange rate versus Index

Predicted Values for New Observations

New Obs Fit SE Fit 90% CI 90% PI 1 1.62530 0.00396 (1.61856, 1.63205) (1.60637, 1.64424)

US Dollar exchange Index rate 30/09/2014 1.6215

Page 5: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Over Confidence

Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess.

Weather History for Newcastle Airport, United Kingdom | Weather Underground

Index Day Temperature in Newcastle

01/10/201426/09/201421/09/201416/09/201411/09/201406/09/201401/09/2014

17

16

15

14

13

12

11

10

9

8

Index

Tem

pera

ture

in N

ew

cast

le

Scatterplot of Temperature in Newcastle vs Index

01/09/2014 Mon 13

02/09/2014 Tues 13

03/09/2014 Wed 17

04/09/2014 Thur 16

05/09/2014 Fri 16

06/09/2014 Sat 13

07/09/2014 Sun 12

08/09/2014 Mon 11

09/09/2014 Tues 13

10/09/2014 Wed 13

11/09/2014 Thur 13

12/09/2014 Fri 13

13/09/2014 Sat 13

14/09/2014 Sun 12

15/09/2014 Mon 14

16/09/2014 Tues 14

17/09/2014 Wed 14

18/09/2014 Thur 14

19/09/2014 Fri 14

20/09/2014 Sat 11

21/09/2014 Sun 9

22/09/2014 Mon 11

23/09/2014 Tues 13

24/09/2014 Wed 12

25/09/2014 Thur 13

26/09/2014 Fri 13

27/09/2014 Sat 12

28/09/2014 Sun 16

29/09/2014 Mon 14

30/09/2014 Tues 14

Page 6: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Regression Analysis: Temperature in Newcastle versus Index

Predicted Values for New Observations

New Obs Fit SE Fit 90% CI 90% PI 1 12.478 0.639 (11.390, 13.566) (9.424, 15.532)

Temperature Index in Newcastle 30/09/2014 14

Page 7: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Over Confidence

Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess.

TSCO.L Historical Prices | TESCO PLC Stock - Yahoo! UK & Ireland Finance

Index Day Tesco share price

01/10/201426/09/201421/09/201416/09/201411/09/201406/09/201401/09/2014

230

220

210

200

190

Index

Tesc

o s

hare

pri

ce

Scatterplot of Tesco share price vs Index

01/09/2014 Mon 225.55

02/09/2014 Tues 230.9

03/09/2014 Wed 232.6

04/09/2014 Thur 229.45

05/09/2014 Fri 228.5

06/09/2014 Sat

07/09/2014 Sun

08/09/2014 Mon 232.9

09/09/2014 Tues 233.15

10/09/2014 Wed 231.9

11/09/2014 Thur 230.2

12/09/2014 Fri 228.65

13/09/2014 Sat

14/09/2014 Sun

15/09/2014 Mon 228.5

16/09/2014 Tues 225.15

17/09/2014 Wed 224.75

18/09/2014 Thur 227.35

19/09/2014 Fri 229.6

20/09/2014 Sat

21/09/2014 Sun

22/09/2014 Mon 203

23/09/2014 Tues 194.5

24/09/2014 Wed 194.9

25/09/2014 Thur 192.5

26/09/2014 Fri 191.55

27/09/2014 Sat

28/09/2014 Sun

29/09/2014 Mon 187.8

30/09/2014 Tues 186.2

Tesco reveals it overstated first-half results by £250m - FT.com - 22 September 2014

Why!

Page 8: Over Confidence Give your best guess for the value you might expect on the next day, also give a ninety percent confidence interval for your guess. BP.L.

Regression Analysis: Tesco share price versus Index

Predicted Values for New Observations

New Obs Fit SE Fit 90% CI 90% PI 1 194.09 4.46 (186.39, 201.80) (175.74, 212.45)

Tesco share Index price 30/09/2014 186.2