Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. Descriptive statistics for the closing stock prices of two companies for several trading periods are shown below. Microsoft, Inc. Tesla Motors, Inc. Mean

image text in transcribed

5. Descriptive statistics for the closing stock prices of two companies for several trading periods are shown below. Microsoft, Inc. Tesla Motors, Inc. Mean 4.04 Kurtosis -1.1 Mean 16.41 Kurtosis 9.1 Standard Error 0.11 Skewness 0.04 Standard Error 0.22 Skewness -2.85 Median 4.07 Range 3.98 Median 16.83 Range 12.57 Mode 3.59 Minimum 2 Mode 16.59 Minimum 6.29 Standard Deviation 1.13 Maximum 5.98 Standard Deviation 2.34 Maximum 18.86 Sample Variance 1.28 Sum 416.05 Count 103 Sample Variance Count 5.48 Sum 1919.63 117 a. Which stock is more risky? Why? b. Which company's stock price has a more dispersed distribution? Explain. Show your com- plete work and support your answer. c. Compare the Skewness of the two and explain what is indicated

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business Management And Finance

Authors: Louise Swift, Sally Piff

2nd Edition

1403935289, 9781403935281

More Books

Students also viewed these Mathematics questions