Question

You are thinking about investing money in the stock market. The monthly closing stock prices of...

  1. You are thinking about investing money in the stock market.

The monthly closing stock prices of Cenovas Energy for the last eight months is shown below:

Closing Stock Price: ($) 14.00 14.50 11.00 13.00 13.75 11.00   8.75 10.00

  1. Calculate the mean stock price of Cenovas Energy. [3 marks]

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Answer #1

Ans:- To Find mean stock price of Cenovas Energy. Mean = Sum of observations No. of Observations 14.00 + 14.50 + 11.00+ 13.00

Hence the solution...

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