AIG Monthly Stock Prices from 2002-2007 # of Months (2002-2007) 24 20 16 15 13 1

Question

AIG Monthly Stock Prices from 2002-2007 # of Months (2002-2007) 24 20 16 15 13 13 10 5 3 2 0 45 50 55 60 65 70 75 80 a. Describe the shape of the distribution of the monthly average stock prices. (i.e. Is it symmetric, uniform b. Using the histogram, how many months between 2002 and 2007 had,a monthly average stock price less c. The green vertical line represents the mean of the monthly average stock prices. Give a best estimate for Average Stock Price (in dollars) skewed, etc? If skewed, what type of skewness?) than $652 it from the graph

Explanation / Answer

a) Negatively skewed.

Since, there is a long tail in the negative direction on the number line.

b) Approximately 15 months

c) best estimate from given histogram is $64

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