Descriptive Statistics for the Closing Stock Prices of Two Companies

question 76

Essay

Descriptive statistics for the closing stock prices of two companies for several trading periods are shown below.

a.Which company's stock price has a more dispersed distribution? Explain. Show your complete work and support your answer.
b.Compare the Skewness of the two and explain what is indicated.

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Definitions:

Compensatory Damages

Financial compensation awarded to a plaintiff to offset injuries or losses caused by the defendant's actions.

Injunctive Relief

A legal remedy in the form of a court order requiring a party to do or refrain from doing specific acts, used to prevent irreparable harm or to preserve the status quo.

Federal Employee Polygraph Protection Act

A United States federal law enacted in 1988 that prohibits most private employers from using lie detector tests, either for pre-employment screening or during the course of employment.

Lie Detector Tests

A scientific method attempted to determine if a person is telling the truth or lying by measuring physiological responses to questions, also known as polygraph tests.