Purchase Solution

Data Array Created for Data Set

Not what you're looking for?

Ask Custom Question

Some investors take the strategy of investing in local companies. Each day the city newspaper carries the daily closing stock prices for some of the local companies. On a recent day, the closing prices for 37 companies were listed as follows:

(see data in attached file)

How would you create a data array for these data.
In relation to this problem how would you try to develop a frequency distribution with five classes for these data?
In relation to this problem how would you, Try to Develop a histogram based on the frequency distribution.
How would you Determine the proportion of closing stock prices that are at least 50.
Write a short statement that describes the stock price data.

Attachments
Purchase this Solution

Solution Summary

Some investors take the strategy of investing in local companies. Each day the city newspaper carries the daily closing stock prices for some of the local companies. On a recent day, the closing prices for 37 companies were listed as follows:

Solution Preview

The attached file contains
- detailed explanation for how to develop a frequency distribution and build a histogram;
- verbal description of some of the characteristics of the provided data (the typical value of the closing ...

Purchase this Solution


Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.