Yahoo! Finance makes available historical stock prices. It lists the opening, high, and low stock prices for

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Yahoo! Finance makes available historical stock prices.

It lists the opening, high, and low stock prices for each stock available on NYSE and NASDAQ. A file titled GEstock gives these data for General Electric (GE) for the period October 1, 2015, through December 24, 2015.

a. Calculate the difference between the opening and closing stock prices for GE over this time period.

Then calculate the mean, median, and standard deviation of these differences.

b. Indicate what the mean in part a indicates about the relative opening and closing stock prices for GE.

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Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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