h 03: Mastery Assignment - Descriptive Statistics: Numerical Measures Back to Assignment Attempts: Keep the Highest: /5 3. The weighted mean NASDAQ is an acronym for National Association of Securities Dealers Automated Quotation System. It is the first and largest electronic stock exchange in the world. Trading on the NASDAQ takes place not on a physical trading floor, but over an electronic communications network. Consider a hypothetical company XYZ listed on the NASDAQ. A stockbroker made the following purchases of XYZ shares: Number of Shares 2,000 Time of Trade 9:40 AM 10:34 AM 11:15 AM 12:37 PM Table 1 Purchase Price per Share $115.26 $89.98 $99.67 $100.13 2,500 2,000 4,500 The broker bought 11,000 shares for a total price of The weighted mean price per share for these purchases is The stockbroker made the following sales of the XYZ shares he had purchased earlier Ch 03: Mastery Assignment - Descriptive Statistics: Numerical Measures The broker bought 11,000 shares for a total price of The weighted mean price per share for these purchases is The stockbroker made the following sales of the XYZ shares he had purchased earlier: Time of Trade 10:17 AM Table 2 Selling Price per Share Number of Shares $114.01 500 $89.73 1,000 $101.67 5,000 $97.63 4,500 10:53 AM 1:20 PM 3:37 PM The broker sold_11,000 shares for a total price of The weighted mean price per share for these sales is The broker suffered a loss from the above trades. Continue without h 03: Mastery Assignment - Descriptive Statistics: Numerical Measures Back to Assignment Attempts: Keep the Highest: /5 3. The weighted mean NASDAQ is an acronym for National Association of Securities Dealers Automated Quotation System. It is the first and largest electronic stock exchange in the world. Trading on the NASDAQ takes place not on a physical trading floor, but over an electronic communications network. Consider a hypothetical company XYZ listed on the NASDAQ. A stockbroker made the following purchases of XYZ shares: Number of Shares 2,000 Time of Trade 9:40 AM 10:34 AM 11:15 AM 12:37 PM Table 1 Purchase Price per Share $115.26 $89.98 $99.67 $100.13 2,500 2,000 4,500 The broker bought 11,000 shares for a total price of The weighted mean price per share for these purchases is The stockbroker made the following sales of the XYZ shares he had purchased earlier Ch 03: Mastery Assignment - Descriptive Statistics: Numerical Measures The broker bought 11,000 shares for a total price of The weighted mean price per share for these purchases is The stockbroker made the following sales of the XYZ shares he had purchased earlier: Time of Trade 10:17 AM Table 2 Selling Price per Share Number of Shares $114.01 500 $89.73 1,000 $101.67 5,000 $97.63 4,500 10:53 AM 1:20 PM 3:37 PM The broker sold_11,000 shares for a total price of The weighted mean price per share for these sales is The broker suffered a loss from the above trades. Continue without
