The Following Table Shows Representative Recent Closing Share Prices in Late

question 3

Essay

The following table shows representative recent closing share prices in late 2013 for a
small sample of companies based in India. $$\begin{array} { | l | c | } \hline \text { COMPANY } & \text { CLOSING SHARE PRICE } \\\hline \text { 20 Microns } & 30.95 \\\hline \text { ABC Paper } & 24.30 \\\hline \text { Bank of MA } & 36.20 \\\hline \text { Photoquip } & 37.00 \\\hline \text { Saksoft } & 67.20 \\\hline \text { Marg LTD } & 13.99 \\\hline \text { Galaxy ENT } & 10.40 \\\hline \text { Sonatasoft } & 68.75 \\\hline \text { EDynamics } & 49.95 \\\hline \text { DB Corp. } & 287.95 \\\hline\end{array}$$
A. Calculate the mean.
b. Calculate the standard deviation.
c. Standardize the share price for DP Corp. (find the z score). Interpret its meaning.

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Reference-Group Effect

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