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the question doesn't need more information, you need to find the data THAT WAS THE QUESTION, TO FIND THE DATA show the formula used in

the question doesn't need more information, you need to find the data THAT WAS THE QUESTION, TO FIND THE DATA

show the formula used in excel

The data set Computer_Exercise_4.xlsx is retrieved from I/B/E/S International Inc. It contains buy-sell-hold recommendations for the stock of the bank JPMorgan Chase & Co. (Ticker code "JPM") from a wide cross section of individual professional analyst for the time period between November 1993 and September 2019.

  1. 1. By definition, a random variable, , needs to have a numerical outcome. Generate a new series of outcomes, , corresponding the analysts recommendations as follows: =4 if recommendation is STRONG BUY
  2. =3 if recommendation is BUY
  3. =2 if recommendation is HOLD
  4. =1 if recommendation is UNDERPERFORM
  5. =0 if recommendation is SELL
Analyst Name Buy-Hold-Sell Recommendation
VITALE L STRONG BUY
HANBURY J HOLD
N/A HOLD
N/A HOLD
BERMAN S HOLD
MACKEY P HOLD
N/A BUY
DESANTIS, JR. F STRONG BUY
COHN L HOLD
VINCENT C HOLD
LEONARD/GLOSS HOLD
ROSENBERG J BUY
N/A BUY
MASON J STRONG BUY
N/A HOLD
SALEM G HOLD
KOTOWSKI C HOLD
COHN L UNDERPERFORM
SOIFER R BUY
N/A HOLD
HANLEY T BUY
FREDERICKS J STRONG BUY
COHN L HOLD
N/A HOLD
BERMAN S BUY
DESANTIS, JR. F STRONG BUY
N/A BUY
MASON J HOLD
VITALE L HOLD
N/A HOLD
N/A SELL
N/A UNDERPERFORM
N/A HOLD
N/A HOLD
COHN L STRONG BUY
DESANTIS, JR. F STRONG BUY
N/A UNDERPERFORM
VITALE L HOLD
BERMAN S UNDERPERFORM
N/A HOLD
VINCENT C UNDERPERFORM
N/A HOLD
BLECHER K HOLD
N/A HOLD
N/A STRONG BUY
DESANTIS, JR. F HOLD
N/A HOLD
JAFFE N HOLD
DESANTIS, JR. F BUY
MACKEY P STRONG BUY
VITALE L BUY
DESANTIS, JR. F HOLD
N/A STRONG BUY
BLECHER K STRONG BUY
MACKEY P HOLD
BLECHER K HOLD
VINCENT C HOLD
ROSENBERG J BUY
N/A HOLD
SOIFER R HOLD
COHN L BUY
N/A HOLD
N/A UNDERPERFORM
VITALE L HOLD
KOTOWSKI C STRONG BUY
VITALE L BUY
N/A HOLD
N/A HOLD
PETSIS D BUY
COHN L HOLD
SOIFER R BUY
SOLOTAR J HOLD
SOIFER R HOLD
BALL B HOLD
COHN L HOLD
N/A STRONG BUY
SCHULTZ F BUY
N/A HOLD
GLOSSMAN D HOLD
N/A UNDERPERFORM
D'ARISTA C BUY
PETSIS D HOLD
D'ARISTA C HOLD
N/A HOLD
D'ARISTA C BUY
GLOSSMAN D BUY
EISMAN S HOLD
N/A BUY
N/A HOLD
VINCENT C BUY
GLOSSMAN D HOLD
BECKER R HOLD
COHN L HOLD
VINCENT C HOLD
HANBURY J BUY
N/A STRONG BUY
D'ARISTA C STRONG BUY
N/A STRONG BUY
BALL/MAYO SELL
N/A HOLD
COLLINS A HOLD
HANBURY J HOLD
SOIFER R HOLD
N/A BUY
N/A BUY
MITCHELL J HOLD
N/A BUY
N/A HOLD
N/A STRONG BUY
EISMAN S BUY
HANBURY J BUY
COLLINS A BUY
WIMSATT J BUY
N/A STRONG BUY
N/A HOLD
JAFFE N STRONG BUY
WITT T HOLD

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