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Some investors take the strategy of investing in local companies. Each day the city newspaper carries the daily closing stock prices for some of the local companies. On a recent day, the closing prices for 37 companies were listed as follows:
61.00
50.06
6.50
45.56
22.13
13.88
18.13
38.75
26.94
91.44
28.38
64.56
7.13
59.94
72.94
37.88
27.75
73.19
25.88
25.38
60.06
14.63
28.88
27.31
52.75
1.69
30.25
52.38
31.81
72.98
118.00
19.88
45.31
31.00
72.63
120.00
1. How would you create a data array for these data.
2. In relation to this problem how would you try to develop a frequency distribution with five classes for these data?
3. In relation to this problem how would you, Try to Develop a histogram based on the frequency distribution.
4. How would you Determine the proportion of closing stock prices that are at least 50.
5. Write a short statement that describes the stock price data.
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