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Individual Case Study on Inferential Statistics

Analyzing a specific cryptocurrency and company share using inferential statistics in a report of 3000 words.

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Added on  2022-12-05

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This case study focuses on the impact of bitcoin and JP Morgan Chase on the cryptocurrency space. It includes an introduction to bitcoin and blockchain innovation, latest articles on the topic, graphical presentations of JP Morgan Chase and bitcoin closing prices, and weekly returns. The study provides insights into the potential of blockchain technology and its influence on the financial industry.

Individual Case Study on Inferential Statistics

Analyzing a specific cryptocurrency and company share using inferential statistics in a report of 3000 words.

   Added on 2022-12-05

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Individual case study on Inferential
Statistics
Individual Case Study on Inferential Statistics_1
Table of Contents
PART A...........................................................................................................................................3
1. Introduction..............................................................................................................................3
2. Latest articles...............................................................................................................................4
3. Graphical presentation.................................................................................................................5
4. Weekly Return.............................................................................................................................6
5. Descriptive Analysis....................................................................................................................8
6. Probability of loss......................................................................................................................10
7. Level of significance..................................................................................................................11
Individual Case Study on Inferential Statistics_2
PART A
1. Introduction
Bitcoin
Cryptocurrency Many experts believe blockchain innovation has real potential for use as web-
based, subsidized democratic subsidies, and major monetary groups like JPMorgan Chase (JPM)
see the potential for trading costs to come down by setting rations. Digital currencies treat online
installments as safe as virtual 'tokens', which are handled within the framework's registration
corridors. Lenders can make money with digital money by mining Bitcoin, or essentially by
selling their Bitcoins for profit.
Many lenders consider bitcoin to be the first digital currency. Founded in 2009 by a developer
(or perhaps a collection of software engineers) under the alias Nakamoto, bitcoin ushered in
another era of blockchain innovation and decentralized forms of money computing. Satoshi's
white paper with bitcoin similarly poses the idea of blockchain innovation in an intriguing way,
stating that "the group exchanges timestamps by tying them to an advanced hash-based job
verification set, forming a table that cannot. be changed without attempting the hash validation.
Although there is no uncertainty that bitcoin is significantly affecting the cryptocurrency space
(since it is in this content, it has spawned many cryptocurrencies and imitators and will remain as
the primary computer currency of the planet according to the market.
JP Morgan Chase
The asset seeks to deliver long-term capital development by investing primarily in U.S. agencies
related to innovation, media and radio and television communications. In any case, 67% of the
Fund's total resources (excluding cash and collateral funds) will be spent on raising and
enhancing protections related to innovation-related groups that are united by law and
headquartered in the United States. , or derive the majority of their financial activity from the
United States, regardless of whether they are registered elsewhere.
JPMorgan is perhaps the most advanced bank in blockchain, reporting that they made their own
broadcast record called Quorum in 2016, which was offered to the blockchain group Consensys a
year ago. The bank created an advanced coin called JPM Coin and in 2020 they made Onyx. A
Individual Case Study on Inferential Statistics_3
large proportion of these lenders have bought in the last few years. Regardless of your venture
capital situation, there is a good chance that digital money will affect you and your business.
2. Latest articles
Bitcoin, the world's largest cryptocurrency, rallied on Wall Street after a sharp rise in costs in
2020. The cost of Bitcoin jumped about 10% on April 26 to trade to over $ 53,700, following the
report. news on JPMorgan establishing a reserve of Bitcoin. Bitcoin last climbed 6.7% to $
52,452 after reaching its lowest level since early March on Sunday. Other notable coins are
Ethereum and XRP, which typically pair with bitcoin, have increased by around 5% and 11%
respectively. The sale came after the Biden Group was implementing a number of proposed
changes to the U.S. cost code, including a two-pronged tariff agreement on 39.6% capital
additions for people who bought more than $ 1 million.
JPMorgan maintained a quarterly profit of $ 0.90 in the following quarter, which equates to an
annual payment of $ 3.60 per share. At the final value on Tuesday, we get an average return of
3.5% (the profit margin of one year as the cost of the shares). This is one of the best profits in the
field of money and one of the best available. Likewise, JPMorgan has an impressive payout of
13.5% on average - at the end of the day, it needs 13.5% of the revenue to make its profits.
The group has not yet announced a profit for the second quarter since last quarter, but on the
revenue demand in the second quarter, authorities said they hope to keep up with the $ 0.90
payment, as well as an outdated situation.
Individual Case Study on Inferential Statistics_4

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