Let\'s look at several sets of stock prices. The following prices were obtained
ID: 3374984 • Letter: L
Question
Let's look at several sets of stock prices. The following prices were obtained from historical records from 2009, and are listed in dollars per share. Stock Prices Bank of America (BAC) General Electric (GE) 12 45 52 52 49 10 13 13 12 13 54 45 47 54 18 17 15 16 15 16 14 16 15 Souroe Sahoe Finanos htp/ec.ahoo.com 3Aug 2010. 1. Find the mean of each set of stock prices. 2. Find the median of each set of stock prices. 3. Calculate the variance and standard deviation of each set of stock prices. If you have $10,000 to invest, what stock would you buy under the following circumstances? Justify your reasoning. a. You are nearing retirement and need a stable investment for the future. b. You are a wealthy entrepreneur hoping to make a large profit in a short amount of time. 4.Explanation / Answer
1)
Mean stock price of cocacola: 50.16667
Mean stock price of BAC: 12.25
Mean stock price of GE: 13.1
2)
Median stock price of cocacola: 50.5
Median stock price of BAC: 14
Median stock price of GE: 13.3
3)
Variance and SD of stock price of cocacola: 19.42424 and 4.407294
Variance and SD of stock price of BAC: 20.75 and 4.555217
Variance and SD of stock price of GE: 5.655556 and 2.378141
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