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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) 1 914 752 2

The following table contains data on market advances and declines.

Market Advances and Declines
Day Advances (in millions) Declines (in millions)
1 914 752
2 661 993
3 725 797
4 507 976
5 505 1,097
6 972 706
7 1,012 603
8 911 720
9 858 742
10 774 774

a. If the trading volume in advancing shares on day 1 was 1.9 billion shares, while the volume in declining issues was 1.7 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?

Bearish
Bullish

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