[Solved] Welcome to the second SLP for this course, please continue - #80088
Module 02 - Session Long Project
Welcome to the second SLP for this course, please continue collecting the stock price, sale date, and DJIA data you were asked in Module 1 to collect for your SLP assignments. Answer the questions below in relation to the data you have been collecting.
1. Can you compute mean, mode, and median for each of the three data categories you have been collecting? (This does not ask you to do the computation, but tell me why you can or cannot do each of the three central tendency measures for each of the three categories.)
2. What is the probability that your company's stock price will increase if the DJIA increases? (Hint: What you are looking for is the probability that the stock price will rise GIVEN that the DJIA has risen. This is a conditional probability that you must compute from the data you’ve been collecting.)
Answer to the Questions
1) Can you compute mean, mode, and median for each of the three data categories you have been collecting? (This does not ask you to do the computation, but tell me why you can or cannot do each of the three central tendency measures for each of the three categories.)
2) What is the probability that your company's stock price will increase if the DJIA increases? (Hint: What you are looking for is the probability that the stock price will rise GIVEN that the DJIA has risen. This is a conditional probability that you must compute from the data you’ve been collecting.)
Deliverable: Word Document
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