Concept explainers
Thirty companies comprise the DJIA Just how big are these companies? One common method for measuring the size of a company is to use its market capitalization. which is computed by multiply:1g the number of stock shares by the price of a share of stock. On January 10, 2017. the market capitalization of these companies
billion to Apple's
a. Compute the mean and standard deviation of the market capitalization for this population of 30 companies
b. Interpret the parameters computed in (a).
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
Basic Business Statistics, Student Value Edition (13th Edition)
- National Debt In mid-2015 the U.S. population was about 321 million. The national debt was well over 18 trillion. In millions of dollars, the debt was 18,151,998. How much did each American owe in mid-2015? Report your answer in thousands of dollars rounded to the nearest whole number.arrow_forwardThe average American produces about 1,600 pounds of paper trash per year (365 days). How many pounds of paper trash does the average American produce each day? (Round to the nearest tenth of a pound.)arrow_forward
- Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
- Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal LittellGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill