Stocks and bonds are bought and sold on a stock market

Last updated: 10/5/2023

Stocks and bonds are bought and sold on a stock market Usually the goal of a person who buys stock is to hold shares of stock for a period of time and then sell them for more than the purchase price You can use statistics to analyze stock prices and make decisions based on your findings 1 The tables below show the closing price in dollars per share of stock in XYZ Company for the first 12 weeks of two successive years Last year Week Stock Price This year Week Stock Price 1 5 34 1 6 00 2 5 40 5 41 2 3 5 95 3 4 4 5 5 50 5 42 5 92 5 80 5 5 81 6 5 55 5 55 6 7 5 75 7 8 5 57 8 5 75 5 75 9 5 70 9 10 5 65 10 11 5 66 11 12 5 68 12 5 64 5 52 5 40 5 03 Part A What is a statistical question you could ask that could be used to compare the data What is a statistical variable that is common between both data sets Is that variable categorical or quantitative Explain