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Business and Finance Consider the 30 stocks listed as the
Chapter 2, Problem 1DP(choose chapter or problem)
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?
Questions & Answers
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 |