17. What is the typical price for a share of stock for the 30 Dow Jones Industrial...
Question:
17. What is the typical price for a share of stock for the 30 Dow Jones Industrial Average companies? The following data show the price for a share of stock to the nearest dollar in January 2006 (The Wall Street Journal, January 16, 2006).
a. Prepare a frequency distribution of the data.
b. Prepare a histogram of the data. Interpret the histogram, including a discussion of the general shape of the histogram, the mid-price per share range, the most frequent price per share range, and the high and low extreme prices per share.
c. What are the highest-priced and the lowest-priced stocks?
d. Use The Wall Street Journal to find the current price per share for these companies.
Prepare a histogram of the data and discuss any changes since January 2006.
Step by Step Answer:
Essentials Of Statistics For Business And Economics
ISBN: 9780324568608
5th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams