Compute the average price per share

Assignment Help Basic Statistics
Reference no: EM132377049

In 2017 Jill Johnson purchased $100 of Compton Corporate stock three times during the year. In January she purchased stock at $5 per share; in April, she purchased stock at $7.50 per share; and in July, she purchased stock at $10 per share. Use the harmonic mean formula to compute the average price per share that Jill paid for all the shares she purchased in 2017.

Reference no: EM132377049

Questions Cloud

Design furniture for elementary school classrooms : Companies who design furniture for elementary school classrooms produce a variety of sizes for kids of different ages. Suppose the heights of kindergarten
Calculate the probability that the actual tax : Let's say that the population mean is $20,000 with a standard deviation of $5,000. How do I calculate the probability
What is the probability that the lifetime : What is the probability that the lifetime is greater than or equal to 700 days?
Confidence interval with a margin of error : What is the sample size necessary to provide 95% confidence interval with a margin of error of 1 inch?
Compute the average price per share : Use the harmonic mean formula to compute the average price per share that Jill paid for all the shares she purchased in 2017.
Assuming a normally distributed distribution : Assuming a normally distributed distribution, if the average return is 16% and the standard deviation is 18%, what is the probability of getting a return greate
What is the probability that a customer does not order food : What is the probability that a customer does not order food? What proportion of all people ordered a beverage, food, or both?
Increase the average number of negative interactions : ?Based on the t-statistic do you have strong evidence that catnip will increase the average number of negative interactions?
What fraction of people would be expected to have body : What fraction of people would be expected to have body temperatures above 98.6d°?F?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Length of pregnancies in a small rural village

The length of pregnancies in a small rural village are normally distributed with a mean of 265 days and a standard deviation of 15 days.

  Is the correlation between lot-r total scores and

is the correlation between lot-r total scores and avoidance-distraction coping style statistically significant? is this

  Find probability that babies born are girls

You observe the gender of the next 950 babies born at a local hospital. The random variable represents tha number of girls. historically , 49.8% of the babies born are girls?

  Which type of car sold the most in all three years

Compare the types of cars sold in 1985, 2000, and 2007 as shown in the figure. (Source: 2009 World Almanac and Book of Facts)

  How many parks would you classify as outliers

Which statistics would you use to identify the center and spread of this distribution? Why?- How many parks would you classify as outliers? Explain.

  On the average the annual profits are 8000 for each

a textbook publisher puts out 72 new books each year which are classified as elementary intermediate and advanced. the

  Find the expected growth rate of fortune

Use @RISK to simulate 100 weeks of each strategy 1000 times. Which strategy appears to be best in terms of the maximum growth rate?

  Does participation in company decisions have an effect on

a standardized productivity scale has a ? 25 and a ? 5. the ceo of the company wants to know if employee

  Learned about hypothesis testing

Use what you have learned about hypothesis testing to answer the following questions.

  Differences in young adults-use of the internet

The authors of the paper "Digital Inequality: Differences in Young Adults' Use of the Internet" (Communication Research [2008]: 602-621)

  Typical ranges of the women heights

Women's heights average 61 inches with a standard deviation of 2.8 inches in a certain study. Use the 68-95-99.7 rule to determine the typical ranges of the women's heights. In what range will approximately the middle 95% of the women's heights li..

  How many bolts be sampled for true mean bolt length

How many bolts should be sampled in order to make us 95% confident that the sample mean bolt length is within .02 inches of the true mean bolt length?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd