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3.74 Sampling stocks on the NYSE. The results of the previous business day's transactions for stocks traded on the New York Stock Exchange (NYSE)

 

3.74 Sampling stocks on the NYSE. The results of the previous business day's transactions for stocks traded on the New York Stock Exchange (NYSE) and five regional ex- changes- the Chicago, Pacific, Philadelphia, Boston, and Cincinnati stock exchanges-are summarized each busi- ness day in the NYSE-Composite Transactions table in the Wall Street Journal. a. Examine the NYSE-Composite Transactions table in a recent issue of the Wall Street Journal and explain how to draw a random sample of stocks from the table. b. Use the procedure you described in part a to draw a ran- dom sample of 20 stocks from a recent NYSE-Composite Transactions table. For each stock in the sample, list its name (i.e., the abbreviation given in the table), its sales volume, and its closing price.

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