2. The price of a share of a particular stock listed on the New York Stock Exchange is currently $42. The following probability distribution shows how the price per share is expected to change over a week: Stock Price Change Prob. -2 0.05 -1 0.15 0 0.20 1 0.25 2 0.15 3 0.10 0.10 With the current price of $42 per share, simulate the price per share for next 60 weeks in MS Excel. What is the ending simulated price per share? (Hand in only the values and formulas print-outs (one page for each)).
2. The price of a share of a particular stock listed on the New York Stock Exchange is currently $42. The following probability distribution shows how the price per share is expected to change over a week: Stock Price Change Prob. -2 0.05 -1 0.15 0 0.20 1 0.25 2 0.15 3 0.10 0.10 With the current price of $42 per share, simulate the price per share for next 60 weeks in MS Excel. What is the ending simulated price per share? (Hand in only the values and formulas print-outs (one page for each)).
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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Question
Please see attached.
![2. The price of a share of a particular stock listed on the New York Stock Exchange is
currently $42. The following probability distribution shows how the price per share is
expected to change over a week:
Stock Price Change Prob.
-2
0.05
-1
0.15
0
0.20
1
0.25
2
0.15
3
0.10
4
0.10
With the current price of $42 per share, simulate the price per share for next 60 weeks in
MS Excel. What is the ending simulated price per share? (Hand in only the values and
formulas print-outs (one page for each)).
Hint: First, create a table (with columns of min, max, result, prob) similar to examples
we have done in class. Then, use that table to find how much the stock's price will change
each week so that you can use that change value to find the stock's new weekly price.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F52803a35-612d-4d4c-b5e1-457e42c09b69%2Fe795d077-eaf0-4dd5-b7fd-5a1bfb3f938d%2Flwhbd1j_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2. The price of a share of a particular stock listed on the New York Stock Exchange is
currently $42. The following probability distribution shows how the price per share is
expected to change over a week:
Stock Price Change Prob.
-2
0.05
-1
0.15
0
0.20
1
0.25
2
0.15
3
0.10
4
0.10
With the current price of $42 per share, simulate the price per share for next 60 weeks in
MS Excel. What is the ending simulated price per share? (Hand in only the values and
formulas print-outs (one page for each)).
Hint: First, create a table (with columns of min, max, result, prob) similar to examples
we have done in class. Then, use that table to find how much the stock's price will change
each week so that you can use that change value to find the stock's new weekly price.
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