The following data show the closing stock price of MNM Corporation for the last seven trading days. Please answer the following questions. Table 1 Day Stock Price 1 84 2 87 3 84 4 88 5 85 6 90 7 91   Range = ______________.  Mean = ______________.  Variance = ____________.  Standard deviation = _________. (Round off your answer at 2 decimal places.) Coefficient of variation = ___________%. (Round off your answer at 2 decimal places.)

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
Problem 6E
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The following data show the closing stock price of MNM Corporation for the last seven trading days. Please answer the following questions.


Table 1

Day

Stock Price

1

84

2

87

3

84

4

88

5

85

6

90

7

91

 

Range = ______________. 

Mean = ______________. 

Variance = ____________. 

Standard deviation = _________. (Round off your answer at 2 decimal places.)

Coefficient of variation = ___________%. (Round off your answer at 2 decimal places.)
 

 

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