Compute the mean price of the stock


Suppose that a financial analyst wants to evaluate the variability of the prices of a new stock in the market. The analyst collects closing stock prices of new stock issues: 15, 14, 19, 16, 11, 14, 10, and 9.

a. Compute the mean price of the stock

b. What is the median price?

c. Compute the variance and standard deviation

d. Describe the variability of the stock.

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Basic Statistics: Compute the mean price of the stock
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