Question
Given these stock prices for Firm A using Rstudio, You are given the following closing prices for Firm A after the last 10 days: 18.08,
Given these stock prices for Firm A using Rstudio, You are given the following closing prices for Firm A after the last 10 days:
18.08, 17.50, 19.90, 31.40, 40.10, 35.60, 39.60, 39.00, 40.30
The brokerage wants to monitor closing prices that are outside of the range of scores from above, but within 2 standard deviations away from the mean.
Question 1: Given the data on Firm A that you have been given, what is the lowest possible price that you should monitor?
Question 2: What is the greatest possible score that you should monitor?
Note: The brokerage adds that they want you to restrict any purchasing of a firms stock if it is outside the bounds of 2 standard deviation.
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