Question 3a) "Statistics are numerical statements of facts but all facts numerically stated are notstatistics". Comment upon the statement.b) Descriptive statistics for the closing stock prices (in SUSD) of two companies forseveral trading periods are shown below.Baby, IncМитту, Inc.Мean4.00Мean15.91Standard Error0.11Standard Error0.29Median3.92Median16.59Mode4.19Mode15.58Standard Deviation1.12Standard Deviation3.21Sample Variance1.25Sample Variance10.31Kurtosis-1.15Kurtosis3.52Skewness0.08Skewness-2.09Range3.95Range13.45Minimum2.03Minimum5.55Maximum.5.98Maximum18.99Sum436.32Sum1972.61Count109Count124Which company's stock price has a more dispersed distribution? Explain in your ownwords what these dispersions indicate. (Discuss all the dispersion measures studied ina.class.b. Compare the performance of these two firms using appropriate measures of location.You are also required to explain the Skewness (of the distribution of prices) of the twofirms and explain what is indicated.

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Answered: a) "Statistics are numerical statements…

a) "Statistics are numerical statements of facts but all facts numerically stated are not statistics". Comment upon the statement.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

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