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    Data Array Created for Data Set

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    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.

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    https://brainmass.com/statistics/frequency-distribution/data-array-created-data-set-13635

    Attachments

    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 ...

    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:

    $2.49

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