What should be considered a relatively high price per share


A. Develop a stem-and-leaf display

B. Use the stem-and-leaf display to answer the following questions:

• What does the grouping of the data in the stem-and-leaf display tell you about the prices per share for the 30 Dow Jones companies?

• What is the price-per-share range for the majority of the companies?

• How many companies have a price per share of $36?

• What is the most frequently appearing price per share?

• What should be considered a relatively high price per share? What percentage of the companies has a price per share in this range? Which companies have a price per share in this range, and what is the price per share for each?

C. Use the Wall Street Journal or another business applications such as the internet to find the current price per share for each of the 30 Dow Jones Industrial Average companies. Construct a stem-and-leaf display for these data and use the display to comment on any changes in the prices per share since April 2004.

Company $/Share
Alcoa 34
Altria Group 55
American Express 52
American International 76
Boeing 41
Caterpillar 82
Citigroup 52
Coca-Cola 51
Disney 26
DuPont 43
Exxon Mobil 42
General Electric 31
General Motors 47
Hewlett-Packard 23
Home Depot 36
Honeywell 35
IBM 93
Intel 27
Johnson & Johnson 51
J.P. Morgan Chase 41
McDonald's 29
Merck 45
Microsoft 25
Pfizer 36
Procter & Gamble 106
SBE Communications 24
3M 82
United Technologies 90
Verizon 37
Wal-Mart Stores 57

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