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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.

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

#### 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