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Shinobi Shinobi
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Posts: 3007
4 years ago
The table below shows closing share prices (on the first trading day of August, 2007) for a small sample of companies.

COMPANY   CLOSING SHARE PRICE — 08/07
3M Dental Products   86.95
Tyco Electronics Power Systems   47.45
Kyocera America Inc.   94.10
Pfizer Inc.   22.39
Xerox Company   17.56
Northrop Grumman Corporation   75.81
Lockheed Martin Maritime Systems   100.17
Sony DADC   51.91
Matsushita Electronic Components   17.91
Foster Wheeler Environmental Corp.   55.67

a.   Calculate the mean.
b.   Calculate the standard deviation.
c.   Standardize the share price for Matsushita Electronic Components (find the z score). Interpret its meaning.
Textbook 

Business Statistics, Canadian Edition


Edition: 2nd
Authors:
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VaultnerVaultner
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Posts: 1297
4 years ago
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More questions for this book are available here
a.  $56.99
b.  $31.43
c.  -1.24; the share price is 1.24 standard deviations below the mean.
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