The following table shows representative recent closing share prices in late 2013 for a small sample of companies based in India. COMPANY CLOSING SHARE PRICE 20 Microns 30.95 АВС Рарer 24.30 Bank of MA 36.20 Photoquip 37.00 Saksoft 67.20 Marg LTD 13.99 Galaxy ENT 10.40 Sonatasoft 68.75 EDynamics 49.95 DB Corp. 287.95 a. Calculate the mean. b. Calculate the standard deviation. c. Standardize the share price for DB Corp. (find the z score). Interpret its meaning.

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The following table shows representative recent closing share prices in late 2013 for a small sample of companies based in India.
COMPANY
CLOSING SHARE PRICE
20 Microns
30.95
АВС Рарer
24.30
Bank of MA
36.20
Photoquip
37.00
Saksoft
67.20
Marg LTD
13.99
Galaxy ENT
10.40
Sonatasoft
68.75
EDynamics
49.95
DB Corp.
287.95
a. Calculate the mean.
b. Calculate the standard deviation.
c. Standardize the share price for DB Corp. (find the z score). Interpret its meaning.
Transcribed Image Text:The following table shows representative recent closing share prices in late 2013 for a small sample of companies based in India. COMPANY CLOSING SHARE PRICE 20 Microns 30.95 АВС Рарer 24.30 Bank of MA 36.20 Photoquip 37.00 Saksoft 67.20 Marg LTD 13.99 Galaxy ENT 10.40 Sonatasoft 68.75 EDynamics 49.95 DB Corp. 287.95 a. Calculate the mean. b. Calculate the standard deviation. c. Standardize the share price for DB Corp. (find the z score). Interpret its meaning.
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