Answered: On March 5, 2013, the Dow Jones…

On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 14,253.77, which was up 125.95 that day. What was the return (in percent) of the stock market that day?

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter7: Linear Regression

Section: Chapter Questions

Problem 7P: The Dow Jones Industrial Average (DJIA) and the Standard Poors 500 (SP 500) indexes are used as...

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Question

What was the return of the stock market that day ?

On March 5, 2013, the Dow Jones
Industrial Average set a new high. The
index closed at 14,253.77, which was up
125.95 that day.
What was the return (in percent) of the
stock market that day?

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