Reference no: EM13946572

Some investors take the strategy of investing in local companies. Each day the city newspaper carries the daily closing stock prices for some of the local companies. On a recent day, the closing prices for 37 companies were listed as follows:

61.00	50.06	6.50	45.56	22.13	13.88	18.13	38.75	26.94	91.44
28.38	64.56	7.13	59.94	72.94	37.88	27.75	73.19	25.88	25.38
60.06	14.63	28.88	27.31	52.75	1.69	30.25	52.38	31.81	72.98
118.00	19.88	45.31	31.00	72.63	120.00	25.88

1. How would you create a data array for these data.

2. In relation to this problem how would you try to develop a frequency distribution with five classes for these data?

3. In relation to this problem how would you, Try to Develop a histogram based on the frequency distribution.

4. How would you Determine the proportion of closing stock prices that are at least 50.

5. Write a short statement that describes the stock price data.