Nike Inc.reports first quarter earnings of $2.00 per share.As an investor using the SUE technique,you had estimated earnings to be $1.50 per share,with a standard error of estimate (SEE)of 0.15.
(a)Calculate the SUE for Nike.
(b)Would this stock be a good buy on the basis of this SUE?

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The Answer of Nike Inc.reports first quarter earnings of $2.00 per share.As an investor using the SUE technique,you had estimated earnings to be $1.50 per share,with a standard error of estimate (SEE)of 0.15.
(a)Calculate the SUE for Nike.
(b)Would this stock be a good buy on the basis of this SUE?

Nike IncReports First Quarter Earnings of $2