. The share prices of a company in Mumbai and Kolkata markets during the last 10 months are recorded below:MonthMumbaiKolkataJanuary105108February120117March 115120April118130May130100June 127125July109125August110120September104110October112135Determine the arithmetic mean and standard deviation of prices of shares. In which market are the share prices more stable?

The question is about spread of data Given :

Answered: The share prices of a company in Mumbai…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

. The share prices of a company in Mumbai and Kolkata markets during the last 10 months are recorded below:

Month	Mumbai	Kolkata
January	105	108
February	120	117
March	115	120
April	118	130
May	130	100
June	127	125
July	109	125
August	110	120
September	104	110
October	112	135

Determine the arithmetic mean and standard deviation of prices of shares. In which market are the share prices more stable?

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

Expert Solution