Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Test the correlation between AAII's Investment Sentiment Survey (see below) and the S&P500 index. You can pick the time period for the analysis, but you

Test the correlation between AAII's Investment Sentiment Survey (see below) and the S&P500 index. You can pick the time period for the analysis, but you probably want at least 100 observations. You can go to Yahoo Finance and download historical data for some other index or mutual fund. if you don't want to use the S&P 500. It will give you closing prices and you should use the "adjusted close." Also, make sure you convert the index values to a % change. You also should use the change in the investor sentiment (or the % change) and not just the level of the sentiment index from AAII. SHOW IN EXCEL PLEASE.

  • Executive summary. What did you test? How did you test it? What are your main conclusions?
  • Correlation Test
    1. State the hypothesis
    2. Identify the appropriate test statistic
    3. Specify the significance level
    4. State the decision rule
    5. Collect the data - Time period studied, where you got your data, descriptive statistics (mean, standard deviation, range, etc.) in a table. Incorporate a scatterplot.
    6. Make the statistical decision
    7. Discuss the significance of your results
  • Regression
    1. What is your hypothesis?
    2. Briefly discuss your model.
    3. Display the regression results in a table
    4. Discuss the regression results (interpretation of coefficient estimate, r2, etc.)
    5. Check the residuals
      1. Scatterplot of error term and independent variable
      2. Does heteroskadesticity and/or serial correlation seem to be a problem?
    6. What is your main conclusion?

Data from Excel:

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

American Association of Individual Investors 625 N. Michigan Ave., Chicago, IL. 60611; (312) 280-0170; www.aaii.com Bullish Bullish Bullish S&P 500 S&P 500 8-week Bull-Bear Bullish Average Average Weekly Weekly Bearish Total Spread Average +St. Dev. St. Dev. High Low S&P 500 Reported Date Weekly Close Bullish Neutral Total Mov Avg 6-26-87 7-17-87 7-24-87 7-31-87 8-7-87 8-14-87 8-21-87 8-28-87 9-4-87 9-11-87 9-18-87 9-25-87 10-2-87 10-9-87 10-16-87 10-23-87 10-30-87 11-6-87 11-13-87 11-20-87 11-27-87 12-4-87 12-11-87 12-18-87 12-24-87 12-31-87 36.0% 26.0% 56.0% 45.0% 66.0% 52.0% 42.0% 50.0% 60.0% 53.0% 44.0% 46.0% 37.0% 39.0% 44.0% 47.0% 31.0% 39.0% 27.0% 25.0% 23.0% 33.0% 28.0% 25.0% 50.0% 48.0% 15.0% 35.0% 28.0% 18.0% 17.0% 23.0% 29.0% 17.0% 26.0% 39.0% 30.0% 30.0% 23.0% 31.0% 41.0% 42.0% 46.0% 33.0% 45.0% 40.0% 52.0% 49.0% 14.0% 26.0% 29.0% 20.0% 6.0% 30.0% 41.0% 27.0% 11.0% 30.0% 30.0% 15.0% 33.0% 31.0% 33.0% 22.0% 28.0% 19.0% 27.0% 42.0% 32.0% 27.0% 20.0% 26.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 46.63% 49.63% 53.00% 51.50% 51.63% 48.00% 46.38% 46.63% 46.25% 42.63% 40.88% 38.75% 36.13% 34.38% 33.63% 31.63% 28.88% 22.0% 0.0% 27.0% 25.0% 60.0% 22.0% 1.0% 23.0% 49.0% 23.0% 14.0% 31.0% 4.0% 8.0% 11.0% 25.0% 3.0% 20.0% 0.0% -17.0% -9.0% 6.0% 8.0% -1.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 314.59 311.39 318.66 323.00 334.65 335.90 331.38 329.79 321.98 323.08 321.19 328.07 328.08 314.52 258.39 251.79 255.75 248.52 246.76 246.39 233.45 238.89 249.16 253.16 247.86 307.63 307.81 310.65 316.23 323.00 329.25 323.04 316.70 313.56 314.86 310.54 321.69 311.07 282.70 224.84 227.67 248.31 239.00 240.05 240.34 223.92 228.76 242.19 249.54 244.59 314.59 309.27 318.66 323.00 333.99 335.90 323.04 316.70 321.98 314.86 320.16 328.07 311.07 282.70 248.22 251.79 250.41 245.64 242.00 240.34 223.92 235.32 249.16 252.02 247.08 1-8-88 1-15-88 1-22-88 1-29-88 2-5-88 2-12-88 2-19-88 2-26-88 3-4-88 3-11-88 3-18-88 3-25-88 4-1-88 4-8-88 4-15-88 4-22-88 4-29-88 5-6-88 5-13-88 5-20-88 5-27-88 6-3-88 6-10-88 6-17-88 6-24-88 7-1-88 7-8-88 7-15-88 34.0% 34.0% 21.0% 26.0% 32.0% 32.0% 27.0% 30.0% 38.0% 43.0% 41.0% 45.0% 35.0% 33.0% 23.0% 23.0% 22.0% 38.0% 19.0% 23.0% 28.0% 26.0% 28.0% 29.0% 33.0% 45.0% 35.0% 26.0% 46.0% 40.0% 48.0% 45.0% 53.0% 46.0% 49.0% 51.0% 40.0% 40.0% 49.0% 38.0% 45.0% 48.0% 53.0% 57.0% 48.0% 42.0% 56.0% 52.0% 52.0% 62.0% 49.0% 50.0% 44.0% 38.0% 50.0% 37.0% 20.0% 26.0% 31.0% 29.0% 15.0% 22.0% 24.0% 19.0% 22.0% 17.0% 10.0% 17.0% 20.0% 19.0% 24.0% 20.0% 30.0% 20.0% 25.0% 25.0% 20.0% 12.0% 23.0% 21.0% 23.0% 17.0% 15.0% 37.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 29.25% 28.63% 27.88% 28.00% 29.13% 29.00% 28.88% 29.50% 30.00% 31.13% 33.63% 36.00% 36.38% 36.50% 36.00% 35.13% 33.13% 32.50% 29.75% 27.00% 26.13% 25.25% 25.88% 26.63% 28.00% 28.88% 30.88% 31.25% 14.0% 8.0% -10.0% -3.0% 17.0% 10.0% 3.0% 11.0% 16.0% 26.0% 31.0% 28.0% 15.0% 14.0% -1.0% 3.0% -8.0% 18.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 261.07 252.05 251.88 257.07 255.57 257.63 261.61 265.64 267.98 269.43 271.22 268.91 260.07 269.43 271.55 260.14 263.93 263.00 257.62 258.71 254.63 266.69 271.52 274.44 275.66 273.50 275.80 272.05 243.40 245.42 242.63 249.38 250.96 249.10 257.91 261.58 267.22 263.84 266.13 258.51 258.06 256.09 259.75 256.13 261.33 257.48 253.31 251.35 250.83 262.16 265.17 269.77 268.94 269.07 270.02 267.77 243.40 252.05 246.50 257.07 250.96 257.63 261.61 262.46 267.30 264.94 271.12 258.51 258.89 269.43 259.77 260.14 261.33 257.48 256.78 253.02 253.42 266.45 271.26 270.68 273.78 271.78 270.02 272.05 -6.0% -2.0% 8.0% 14.0% 5.0% 8.0% 10.0% 28.0% 20.0% -11.0% 7-15-88 7-22-88 7-29-88 8-5-88 8-12-88 8-19-88 8-26-88 9-2-88 9-9-88 9-16-88 9-23-88 9-30-88 10-7-88 10-14-88 10-21-88 10-28-88 11-4-88 11-11-88 11-18-88 11-25-88 12-2-88 12-9-88 12-16-88 12-23-88 12-30-88 1-6-89 1-13-89 1-20-89 26.0% 16.0% 23.0% 21.0% 26.0% 19.0% 28.0% 18.0% 17.0% 24.0% 20.0% 26.0% 13.0% 22.0% 26.0% 40.0% 35.0% 23.0% 30.0% 17.0% 19.0% 17.0% 24.0% 22.0% 24.0% 26.0% 36.0% 36.0% 37.0% 37.0% 58.0% 26.0% 54.0% 23.0% 49.0% 30.0% 48.0% 26.0% 53.0% 28.0% 40.0% 32.0% 43.0% 39.0% 52.0% 31.0% 46.0% 30.0% 53.0% 27.0% 44.0% 30.0% 49.0% 38.0% 46.0% 32.0% 51.0% 23.0% 38.0% 22.0% 46.0% 19.0% 56.0% 21.0% 34.0% 36.0% 44.0% 39.0% 47.0% 34.0% 44.0% 39.0% 54.0% 22.0% 46.0% 32.0% 54.0% 22.0% 51.0% 23.0% 44.0% 20.0% 47.0% 17.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 31.25% 29.75% 29.38% 28.50% 28.13% 26.38% 24.25% 22.13% 21.00% 22.00% 21.63% 22.25% 20.63% 21.00% 20.75% 23.50% 25.75% 25.63% 26.88% 25.75% 26.50% 25.88% 25.63% 23.38% 22.00% 22.38% 23.13% 25.50% - 11.0% -10.0% 0.0% -9.0% 0.0% -9.0% -4.0% -21.0% - 14.0% -6.0% -7.0% -4.0% -25.0% - 10.0% 3.0% 18.0% 16.0% 2.0% -6.0% -22.0% -15.0% -22.0% 2.0% -10.0% 2.0% 3.0% 16.0% 19.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 272.05 270.51 272.02 272.98 269.98 261.03 261.13 264.48 266.84 270.65 270.16 272.59 278.07 278.24 283.66 282.38 279.20 275.15 268.34 269.00 273.70 278.13 276.52 278.91 279.40 280.67 283.87 286.90 267.77 263.50 262.50 271.15 261.90 258.69 256.98 258.35 265.59 266.47 268.82 268.26 270.62 273.98 276.41 277.28 276.31 267.92 263.82 266.22 268.64 274.93 274.28 276.87 276.83 275.31 280.38 283.55 272.05 263.50 272.02 271.15 262.55 260.24 259.68 264.48 266.84 270.65 269.76 271.91 278.07 275.50 283.66 278.53 276.31 267.92 266.47 267.23 271.81 277.03 276.29 277.87 277.72 280.67 283.87 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 286.63 1-27-89 2-3-89 2-10-89 2-17-89 2-24-89 3-3-89 3-10-89 3-17-89 3-23-89 3-31-89 4-7-89 4-14-89 4-21-89 4-28-89 5-5-89 5-12-89 5-19-89 5-26-89 6-2-89 6-9-89 6-16-89 32.0% 33.0% 43.0% 42.0% 29.0% 29.0% 13.0% 28.0% 29.0% 18.0% 23.0% 25.0% 21.0% 31.0% 30.0% 38.0% 43.0% 48.0% 42.0% 43.0% 32.0% 49.0% 44.0% 31.0% 41.0% 45.0% 35.0% 52.0% 43.0% 41.0% 42.0% 45.0% 42.0% 51.0% 40.0% 40.0% 43.0% 38.0% 31.0% 27.0% 34.0% 37.0% 19.0% 23.0% 26.0% 17.0% 26.0% 36.0% 35.0% 29.0% 30.0% 40.0% 32.0% 33.0% 28.0% 29.0% 30.0% 19.0% 19.0% 21.0% 31.0% 23.0% 31.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 27.13% 29.13% 31.50% 34.00% 34.63% 35.00% 32.13% 31.13% 30.75% 28.88% 26.38% 24.25% 23.25% 23.50% 25.63% 26.88% 28.63% 32.38% 34.75% 37.00% 38.38% 13.0% 10.0% 17.0% 25.0% 3.0% -7.0% -22.0% -1.0% -1.0% -22.0% -9.0% -8.0% -7.0% 2.0% 0.0% 19.0% 24.0% 27.0% 11.0% 20.0% 1.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 293.82 297.47 299.63 296.76 295.98 291.18 294.81 299.44 291.33 294.87 297.16 301.36 309.61 309.64 309.12 313.84 321.24 321.98 325.52 326.95 326.24 284.50 294.99 292.02 291.81 287.13 287.11 292.88 292.69 288.98 290.57 295.29 297.11 301.72 306.75 307.61 305.19 315.28 318.32 319.05 322.03 320.08 293.82 296.97 292.02 296.76 287.13 291.18 292.88 292.69 288.98 294.87 297.16 301.36 309.61 309.64 307.61 313.84 321.24 321.59 325.52 326.69 321.35 American Association of Individual Investors 625 N. Michigan Ave., Chicago, IL. 60611; (312) 280-0170; www.aaii.com Bullish Bullish Bullish S&P 500 S&P 500 8-week Bull-Bear Bullish Average Average Weekly Weekly Bearish Total Spread Average +St. Dev. St. Dev. High Low S&P 500 Reported Date Weekly Close Bullish Neutral Total Mov Avg 6-26-87 7-17-87 7-24-87 7-31-87 8-7-87 8-14-87 8-21-87 8-28-87 9-4-87 9-11-87 9-18-87 9-25-87 10-2-87 10-9-87 10-16-87 10-23-87 10-30-87 11-6-87 11-13-87 11-20-87 11-27-87 12-4-87 12-11-87 12-18-87 12-24-87 12-31-87 36.0% 26.0% 56.0% 45.0% 66.0% 52.0% 42.0% 50.0% 60.0% 53.0% 44.0% 46.0% 37.0% 39.0% 44.0% 47.0% 31.0% 39.0% 27.0% 25.0% 23.0% 33.0% 28.0% 25.0% 50.0% 48.0% 15.0% 35.0% 28.0% 18.0% 17.0% 23.0% 29.0% 17.0% 26.0% 39.0% 30.0% 30.0% 23.0% 31.0% 41.0% 42.0% 46.0% 33.0% 45.0% 40.0% 52.0% 49.0% 14.0% 26.0% 29.0% 20.0% 6.0% 30.0% 41.0% 27.0% 11.0% 30.0% 30.0% 15.0% 33.0% 31.0% 33.0% 22.0% 28.0% 19.0% 27.0% 42.0% 32.0% 27.0% 20.0% 26.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 46.63% 49.63% 53.00% 51.50% 51.63% 48.00% 46.38% 46.63% 46.25% 42.63% 40.88% 38.75% 36.13% 34.38% 33.63% 31.63% 28.88% 22.0% 0.0% 27.0% 25.0% 60.0% 22.0% 1.0% 23.0% 49.0% 23.0% 14.0% 31.0% 4.0% 8.0% 11.0% 25.0% 3.0% 20.0% 0.0% -17.0% -9.0% 6.0% 8.0% -1.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 314.59 311.39 318.66 323.00 334.65 335.90 331.38 329.79 321.98 323.08 321.19 328.07 328.08 314.52 258.39 251.79 255.75 248.52 246.76 246.39 233.45 238.89 249.16 253.16 247.86 307.63 307.81 310.65 316.23 323.00 329.25 323.04 316.70 313.56 314.86 310.54 321.69 311.07 282.70 224.84 227.67 248.31 239.00 240.05 240.34 223.92 228.76 242.19 249.54 244.59 314.59 309.27 318.66 323.00 333.99 335.90 323.04 316.70 321.98 314.86 320.16 328.07 311.07 282.70 248.22 251.79 250.41 245.64 242.00 240.34 223.92 235.32 249.16 252.02 247.08 1-8-88 1-15-88 1-22-88 1-29-88 2-5-88 2-12-88 2-19-88 2-26-88 3-4-88 3-11-88 3-18-88 3-25-88 4-1-88 4-8-88 4-15-88 4-22-88 4-29-88 5-6-88 5-13-88 5-20-88 5-27-88 6-3-88 6-10-88 6-17-88 6-24-88 7-1-88 7-8-88 7-15-88 34.0% 34.0% 21.0% 26.0% 32.0% 32.0% 27.0% 30.0% 38.0% 43.0% 41.0% 45.0% 35.0% 33.0% 23.0% 23.0% 22.0% 38.0% 19.0% 23.0% 28.0% 26.0% 28.0% 29.0% 33.0% 45.0% 35.0% 26.0% 46.0% 40.0% 48.0% 45.0% 53.0% 46.0% 49.0% 51.0% 40.0% 40.0% 49.0% 38.0% 45.0% 48.0% 53.0% 57.0% 48.0% 42.0% 56.0% 52.0% 52.0% 62.0% 49.0% 50.0% 44.0% 38.0% 50.0% 37.0% 20.0% 26.0% 31.0% 29.0% 15.0% 22.0% 24.0% 19.0% 22.0% 17.0% 10.0% 17.0% 20.0% 19.0% 24.0% 20.0% 30.0% 20.0% 25.0% 25.0% 20.0% 12.0% 23.0% 21.0% 23.0% 17.0% 15.0% 37.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 29.25% 28.63% 27.88% 28.00% 29.13% 29.00% 28.88% 29.50% 30.00% 31.13% 33.63% 36.00% 36.38% 36.50% 36.00% 35.13% 33.13% 32.50% 29.75% 27.00% 26.13% 25.25% 25.88% 26.63% 28.00% 28.88% 30.88% 31.25% 14.0% 8.0% -10.0% -3.0% 17.0% 10.0% 3.0% 11.0% 16.0% 26.0% 31.0% 28.0% 15.0% 14.0% -1.0% 3.0% -8.0% 18.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 261.07 252.05 251.88 257.07 255.57 257.63 261.61 265.64 267.98 269.43 271.22 268.91 260.07 269.43 271.55 260.14 263.93 263.00 257.62 258.71 254.63 266.69 271.52 274.44 275.66 273.50 275.80 272.05 243.40 245.42 242.63 249.38 250.96 249.10 257.91 261.58 267.22 263.84 266.13 258.51 258.06 256.09 259.75 256.13 261.33 257.48 253.31 251.35 250.83 262.16 265.17 269.77 268.94 269.07 270.02 267.77 243.40 252.05 246.50 257.07 250.96 257.63 261.61 262.46 267.30 264.94 271.12 258.51 258.89 269.43 259.77 260.14 261.33 257.48 256.78 253.02 253.42 266.45 271.26 270.68 273.78 271.78 270.02 272.05 -6.0% -2.0% 8.0% 14.0% 5.0% 8.0% 10.0% 28.0% 20.0% -11.0% 7-15-88 7-22-88 7-29-88 8-5-88 8-12-88 8-19-88 8-26-88 9-2-88 9-9-88 9-16-88 9-23-88 9-30-88 10-7-88 10-14-88 10-21-88 10-28-88 11-4-88 11-11-88 11-18-88 11-25-88 12-2-88 12-9-88 12-16-88 12-23-88 12-30-88 1-6-89 1-13-89 1-20-89 26.0% 16.0% 23.0% 21.0% 26.0% 19.0% 28.0% 18.0% 17.0% 24.0% 20.0% 26.0% 13.0% 22.0% 26.0% 40.0% 35.0% 23.0% 30.0% 17.0% 19.0% 17.0% 24.0% 22.0% 24.0% 26.0% 36.0% 36.0% 37.0% 37.0% 58.0% 26.0% 54.0% 23.0% 49.0% 30.0% 48.0% 26.0% 53.0% 28.0% 40.0% 32.0% 43.0% 39.0% 52.0% 31.0% 46.0% 30.0% 53.0% 27.0% 44.0% 30.0% 49.0% 38.0% 46.0% 32.0% 51.0% 23.0% 38.0% 22.0% 46.0% 19.0% 56.0% 21.0% 34.0% 36.0% 44.0% 39.0% 47.0% 34.0% 44.0% 39.0% 54.0% 22.0% 46.0% 32.0% 54.0% 22.0% 51.0% 23.0% 44.0% 20.0% 47.0% 17.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 31.25% 29.75% 29.38% 28.50% 28.13% 26.38% 24.25% 22.13% 21.00% 22.00% 21.63% 22.25% 20.63% 21.00% 20.75% 23.50% 25.75% 25.63% 26.88% 25.75% 26.50% 25.88% 25.63% 23.38% 22.00% 22.38% 23.13% 25.50% - 11.0% -10.0% 0.0% -9.0% 0.0% -9.0% -4.0% -21.0% - 14.0% -6.0% -7.0% -4.0% -25.0% - 10.0% 3.0% 18.0% 16.0% 2.0% -6.0% -22.0% -15.0% -22.0% 2.0% -10.0% 2.0% 3.0% 16.0% 19.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 272.05 270.51 272.02 272.98 269.98 261.03 261.13 264.48 266.84 270.65 270.16 272.59 278.07 278.24 283.66 282.38 279.20 275.15 268.34 269.00 273.70 278.13 276.52 278.91 279.40 280.67 283.87 286.90 267.77 263.50 262.50 271.15 261.90 258.69 256.98 258.35 265.59 266.47 268.82 268.26 270.62 273.98 276.41 277.28 276.31 267.92 263.82 266.22 268.64 274.93 274.28 276.87 276.83 275.31 280.38 283.55 272.05 263.50 272.02 271.15 262.55 260.24 259.68 264.48 266.84 270.65 269.76 271.91 278.07 275.50 283.66 278.53 276.31 267.92 266.47 267.23 271.81 277.03 276.29 277.87 277.72 280.67 283.87 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 286.63 1-27-89 2-3-89 2-10-89 2-17-89 2-24-89 3-3-89 3-10-89 3-17-89 3-23-89 3-31-89 4-7-89 4-14-89 4-21-89 4-28-89 5-5-89 5-12-89 5-19-89 5-26-89 6-2-89 6-9-89 6-16-89 32.0% 33.0% 43.0% 42.0% 29.0% 29.0% 13.0% 28.0% 29.0% 18.0% 23.0% 25.0% 21.0% 31.0% 30.0% 38.0% 43.0% 48.0% 42.0% 43.0% 32.0% 49.0% 44.0% 31.0% 41.0% 45.0% 35.0% 52.0% 43.0% 41.0% 42.0% 45.0% 42.0% 51.0% 40.0% 40.0% 43.0% 38.0% 31.0% 27.0% 34.0% 37.0% 19.0% 23.0% 26.0% 17.0% 26.0% 36.0% 35.0% 29.0% 30.0% 40.0% 32.0% 33.0% 28.0% 29.0% 30.0% 19.0% 19.0% 21.0% 31.0% 23.0% 31.0% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 27.13% 29.13% 31.50% 34.00% 34.63% 35.00% 32.13% 31.13% 30.75% 28.88% 26.38% 24.25% 23.25% 23.50% 25.63% 26.88% 28.63% 32.38% 34.75% 37.00% 38.38% 13.0% 10.0% 17.0% 25.0% 3.0% -7.0% -22.0% -1.0% -1.0% -22.0% -9.0% -8.0% -7.0% 2.0% 0.0% 19.0% 24.0% 27.0% 11.0% 20.0% 1.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 38.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 48.0% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 27.9% 293.82 297.47 299.63 296.76 295.98 291.18 294.81 299.44 291.33 294.87 297.16 301.36 309.61 309.64 309.12 313.84 321.24 321.98 325.52 326.95 326.24 284.50 294.99 292.02 291.81 287.13 287.11 292.88 292.69 288.98 290.57 295.29 297.11 301.72 306.75 307.61 305.19 315.28 318.32 319.05 322.03 320.08 293.82 296.97 292.02 296.76 287.13 291.18 292.88 292.69 288.98 294.87 297.16 301.36 309.61 309.64 307.61 313.84 321.24 321.59 325.52 326.69 321.35

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

Step: 3

blur-text-image

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

The Sixth International Congress On Accounting 1952

Authors: Various

1st Edition

0367512807, 9780367512804

More Books

Students also viewed these Accounting questions