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Answer: 1. Quarterly opening price Stem and leaf plot Relative frequency histogram and frequency polygon Bar chart for total market capitalisation of six companies as on January 1, 2017 is indicated below. The price vs fair value graph has been obtained for both the companies which would provide an hint as to which stock is currently undervalued based on which a recommendation may be given. ...Read More
Answers: 1. Frequency distribution and histogram A table of frequency distribution, relative frequency distribution and percent frequency distribution with a width of $50 Table 1: A table of Frequency distribution, relative frequency distribution and percent frequency distribution Width Frequency Relative Frequency Cumulative Relative Frequency Percent Cumulative percent 150 ...Read More
Answers: 1. Class interval = range/number of classes Class interval = 7560/10 = 756 Relative frequency = frequency/total frequency For instance the relative frequency for 169-925 class = 37/60 = 0.616667 Frequency distribution table classes freq midpoint rel. freq cum. Freq 169-925 37 547 0.616667 37 926-1682 17 1304 0.283333 54 1683-2439 ...Read More
Answer: Solution: From the question, we are given the following: At 0.05 level of significance, we are required if there is evidence that the mean amount is different from 1.0 gallon First, define the hypothesis test: The null and alternative hypothesis: Calculating the test statistic: From the standard normal table of Z, the critical value for two tailed test is given by: Since the test statistic (z=-0.7678) does...Read More
Answers: 1.a. The required frequency distribution, relative frequency distribution, and percent frequency distribution is calculated in Excel, the calculated values is, Class Frequency distribution Relative frequency distribution Percent frequency distribution 120 0 0 0.00% 170 8 0.16 16.00% 220 15 0.3 30.00% 270 12 0.24 24.00%...Read More
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