Business and Finance Consider the 30 stocks listed as the

Chapter 2, Problem 1DP

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QUESTION:

Problem 1DP

Business and Finance Consider the 30 stocks listed as the Dow Jones Industrials. For each, find their earnings per share. Randomly select 30 stocks traded on the NASDAQ. For each, find their earnings per share. Create a frequency table with 5 categories for each data set. Sketch a histogram for each. How do the two data sets compare?

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QUESTION:

Problem 1DP

Business and Finance Consider the 30 stocks listed as the Dow Jones Industrials. For each, find their earnings per share. Randomly select 30 stocks traded on the NASDAQ. For each, find their earnings per share. Create a frequency table with 5 categories for each data set. Sketch a histogram for each. How do the two data sets compare?

ANSWER:

Solution 1DP

Step1 of 3:

From the given problem we have the data of the Dow jones Industrial and NASDQ shares and their earning per share.

Class interval  

Frequency

-4 - 0

1

0 - 4

18

4 - 8

8

8 - 12

1

12 - 16

2

We need to Sketch a histogram for each. Also, we have to compare two data sets.


Step2 of 3:

Consider,

Class interval  

Mid point

Frequency

Percent

-4 - 0

-2

1

3.3

0 - 4

2

18

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