Use the High Closing Values of Statstar Inc

question 45

Essay

Use the high closing values of Statstar Inc. stock from the years 2005-2016 to construct a
time-series graph. (Let x = 0 represent 2005 and so on.)Identify a trend. $$\begin{array} { c | c | c | c } \text { Year } & \text { High } & \text { Year } & \text { High } \\\hline 2005 & 48 & 2011 & 62 \\2006 & 53 & 2012 & 60 \\2007 & 47 & 2013 & 68 \\2008 & 55 & 2014 & 42 \\2009 & 58 & 2015 & 51 \\2010 & 61 & 2016 & 78\end{array}$$

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Definitions:

Cheating

Acting dishonestly or unfairly to gain an advantage, especially in a competitive situation or examination.

Honest Fashion

The practice of presenting oneself or creating designs in a manner that is transparent, ethical, and devoid of deception.

Representativeness Heuristic

A cognitive shortcut that involves judging the likelihood of an event based on how closely it resembles the typical case.

Prototypes

Original or primary forms of something from which copies are made; in cognitive psychology, it refers to a mental image or best example of a particular category.