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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) 1 908 699 2
| The following table contains data on market advances and declines. |
| Market advances and declines | ||
| Day | Advances (in millions) | Declines (in millions) |
| 1 | 908 | 699 |
| 2 | 657 | 988 |
| 3 | 715 | 791 |
| 4 | 510 | 970 |
| 5 | 499 | 1,040 |
| 6 | 950 | 710 |
| 7 | 1,004 | 620 |
| 8 | 905 | 723 |
| 9 | 852 | 740 |
| 10 | 768 | 768 |
| a. | If the trading volume in advancing shares on day 1 was 1.5 billion shares, while the volume in declining issues was 1.2 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? | ||||
|
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Campaign Finance Reform
Authors: Melissa M. Smith, Glenda C. Williams, Larry Powell, Gary A. Copeland
1st Edition
