Solution Found!
Walt Disney CompanyThe data on the next page represent the
Chapter 2, Problem 17E(choose chapter or problem)
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.