ourses/12762/quizzes/B9920/take PAPER Each year Money magazine consultants compi

Question

ourses/12762/quizzes/B9920/take PAPER Each year Money magazine consultants compile a list of 50 blue-chip stocks. These stocks are analyzed and suggestions are made about which ones to buy, which should be held, and which should be sold. Let us assume that in one issue the consultants recommended 17 "buys" and published this buy list with the quoted prices of each stack. STOCK STOCK PRICE PRICE 23.00 Syntex H.J.Heinz 40.75 Marion Merrell Aid 49.95 Rite 56.00 GM Eli Lilly Eshares 47.46 44.75 Merck 39.26 Schering Plough 53.25 Warner Lambert 42.63 British Telecom 29.75 Borden 57.44 Stanhome 49.00 McGraw-Hill 31.25 Glaxa

Explanation / Answer

Data Summary:

Min. 1st Qu. Median Mean 3rd Qu. Max.
23.00 37.35 43.32 43.72 49.95 65.00


mean=(23+40.75+...+37.35)/17 =43.715

median =43.32

range = max - min =65 -23 =42

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