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The following table contains data on market advances and declines. Market advances and declines Day Advances (in millions) Declines (in millions) 1 920 720 2

The following table contains data on market advances and declines.

Market advances and declines

Day

Advances

(in millions)

Declines

(in millions)

1

920

720

2

703

1,023

3

721

803

4

516

982

5

511

1,043

6

953

716

7

1,019

617

8

917

735

9

864

744

10

780

780

a.

If the trading volume in advancing shares on day 1 was 2.5 billion shares, while the volume in declining issues was 2.3 billion shares, what was the trin statistic for that day? (Do not round intermediate calculations. Round your answer to 4 decimal places.)

Trin statistic

b.

Was trin bullish or bearish?

Bullish

Bearish

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