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Value

Company Symbol Weight Close $
3M Co. MMM 10.4312 125.72
Alcoa Inc. AA 1.8262 22.01
Altria Group Inc. MO 2.7298 32.90
American Express Co. AXP 3.0741 37.05
AT&T Corp. T 1.3715 16.53
Boeing Co. BA 2.2925 27.63
Caterpillar Inc. CAT 4.3768 52.75
Citigroup Inc. C 3.2508 39.18
Coca-Cola Co. KO 3.3114 39.91
E.I. DuPont de Nemours & Co. DD 3.4724 41.85
Eastman Kodak Co. EK 2.4809 29.90
Exxon Mobil Corp. XOM 2.9148 35.13
General Electric Co. GE 2.4145 29.10
General Motors Corp. GM 3.0417 36.66
Hewlett-Packard Co. HPQ 1.311 15.80
Home Depot Inc. HD 2.2942 27.65
Honeywell International Inc. HON 1.9233 23.18
Intel Corp. INTC 1.5723 18.95
IBM IBM 7.07 85.21
International Paper Co. IP 2.9372 35.40
J.P. Morgan Chase & Co. JPM 2.3697 28.56
Johnson & Johnson JNJ 4.7709 57.50
McDonald's Corp. MCD 1.3209 15.92
Merck & Co. Inc. MRK 4.8372 58.30
Microsoft Corp. MSFT 2.115 25.49
Procter & Gamble Co. PG 7.4567 89.87
SBC Communications Inc. SBC 1.8685 22.52
United Technologies Corp. UTX 5.0447 60.80
Wal-Mart Stores Inc. WMT 4.5726 55.11
Walt Disney Co. DIS 1.5474 18.65

1. Using a software package find the mean of the 30 stocks. The DJIA closed at 8440.04 Is this the value you found for the average of the 30 stocks

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Solution Summary

Company Symbol Weight Close $
3M Co. MMM 10.4312 125.72
Alcoa Inc. AA 1.8262 22.01
Altria Group Inc. MO 2.7298 32.90
American Express Co. AXP 3.0741 37.05
AT&T Corp. T 1.3715 16.53
Boeing Co. BA 2.2925 27.63
Caterpillar Inc. CAT 4.3768 52.75
Citigroup Inc. C 3.2508 39.18
Coca-Cola Co. KO 3.3114 39.91
E.I. DuPont de Nemours & Co. DD 3.4724 41.85
Eastman Kodak Co. EK 2.4809 29.90
Exxon Mobil Corp. XOM 2.9148 35.13
General Electric Co. GE 2.4145 29.10
General Motors Corp. GM 3.0417 36.66
Hewlett-Packard Co. HPQ 1.311 15.80
Home Depot Inc. HD 2.2942 27.65
Honeywell International Inc. HON 1.9233 23.18
Intel Corp. INTC 1.5723 18.95
IBM IBM 7.07 85.21
International Paper Co. IP 2.9372 35.40
J.P. Morgan Chase & Co. JPM 2.3697 28.56
Johnson & Johnson JNJ 4.7709 57.50
McDonald's Corp. MCD 1.3209 15.92
Merck & Co. Inc. MRK 4.8372 58.30
Microsoft Corp. MSFT 2.115 25.49
Procter & Gamble Co. PG 7.4567 89.87
SBC Communications Inc. SBC 1.8685 22.52
United Technologies Corp. UTX 5.0447 60.80
Wal-Mart Stores Inc. WMT 4.5726 55.11
Walt Disney Co. DIS 1.5474 18.65

1. Using a software package find the mean of the 30 stocks. The DJIA closed at 8440.04 Is this the value you found for the average of the 30 stocks

$2.19