Question

A stock market broker lists a stock with an expected growth of 9.26% and a margin of error of +4.41%. What is the maximum expected growth percent for that stock?

Answer 1

For this case we have the following:

Expected value = 9.26 %

ME = 4.41 % (Margin of error)

Then the estimation should be between:

9.26 - 4.41 %=4.85 %

9.26 +4.41 %=13.67%

Then the maximum value should be:

13.67%