Walt Disney CompanyThe data on the next page represent the

Chapter 2, Problem 17E

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QUESTION:

Problem 17E

Walt Disney CompanyThe data on the next page represent the stock price for the Walt Disney Company at the end of each month in 2010. Construct a time-series plot and comment on any trends. What was the percent change in the stock price of Disney from January 2010 to December 2010?

Date

Closing Price

Date

Closing Price

1/10

28.71

7/10

30.72

2/10

28.99

8/10

31.55

3/10

31.34

9/10

32.68

4/10

35.01

10/10

36.13

5/10

31.00

11/10

36.51

6/10

31.36

12/10

37.51

Source: TD Ameritrade

Questions & Answers

QUESTION:

Problem 17E

Walt Disney CompanyThe data on the next page represent the stock price for the Walt Disney Company at the end of each month in 2010. Construct a time-series plot and comment on any trends. What was the percent change in the stock price of Disney from January 2010 to December 2010?

Date

Closing Price

Date

Closing Price

1/10

28.71

7/10

30.72

2/10

28.99

8/10

31.55

3/10

31.34

9/10

32.68

4/10

35.01

10/10

36.13

5/10

31.00

11/10

36.51

6/10

31.36

12/10

37.51

Source: TD Ameritrade

ANSWER:

Solution:

Step 1 of 2:

The data about the stock price for the Walt Disney company at the end of each month in 2010 is given.

We have to construct a time-series plot and have to find the trend.

We also need to find what percentage of change in the stock price of Disney from January 2010 to December 2010.


 

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