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An investment bank is interested in monitoring the weekly amount (in millions of dollars) invested in volatile stocks so as to maintain a stable rate

An investment bank is interested in monitoring the weekly amount (in millions of
dollars) invested in volatile stocks so as to maintain a stable rate of return on a selected
fund. Table 7-31 shows 25 consecutive weeks of the amount invested ($M) in the
fund. Construct appropriate control charts and comment on the stability of invest-
ment. Revise the chart, if necessary, assuming special causes for out-of-control
points. What is your estimate of the standard deviation of the weekly amount
invested?

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