You Are Given the Following Data on the Price/earnings (P/E) $$\begin{array} { l l l l l l } 23 & 25 & 39 & 47 & 22 & 37 \\8 & 36 & 48 & 28 & 37 & 26\end{array}$$

question 9

Essay

You are given the following data on the price/earnings (P/E) ratios for 12 companies. Construct a stem-and-leaf display. Specify the leaf unit for the display. $$\begin{array} { l l l l l l } 23 & 25 & 39 & 47 & 22 & 37 \\8 & 36 & 48 & 28 & 37 & 26\end{array}$$

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Definitions:

Probability Distributions

Formulas that enumerate all conceivable outcomes and their chances for a random variable within a designated span.

Interpretation

The process of providing explanation or meaning to a concept, statement, or set of data.

Flexibility Option

An option that provides the holder with the ability to adapt or change a strategy based on changes in market conditions.

Real Option

The value of additional decision-making flexibility in investment, often under conditions of uncertainty.