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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) 1 907 721 2

The following table contains data on market advances and declines.

Market Advances and Declines
Day Advances
(in millions)
Declines
(in millions)
1 907 721
2 655 987
3 733 790
4 520 969
5 498 1,020
6 980 720
7 1,003 625
8 904 715
9 851 735
10 767 767

a. If the trading volume in advancing shares on day 1 was 1.1 billion shares, while the volume in declining issues was 0.9 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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