The Following Table Shows Analyst Sentiment Ratings for the 30

question 88

Essay

The following table shows analyst sentiment ratings for the 30 stocks listed in the Dow Jones Industrial Average. a.Construct a frequency distribution,relative frequency distribution,cumulative frequency distribution and relative cumulative frequency distribution using classes of 2 up to 4,4 up to 6,6 up to 8,and 8 up to 10.
b.Construct a histogram that summarizes the data.
c.What percentage of the stocks in the Dow Jones Industrial Average received a sentiment rating less than 8?
d.What percentage of the stocks in the Dow Jones Industrial Average received a sentiment rating of 6 or more?

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Definitions:

Decreasing-Cost Industry

An industry where average costs decrease as the industry's output increases, often due to economies of scale.

Productive Efficiency

A situation when an economy or entity is operating at its maximum capacity, utilizing resources effectively to produce goods and services at the lowest possible cost.

Productive Efficiency

A situation where an economy or entity cannot produce more of one good without affecting the production of another good, utilizing all resources optimally.

Purely Competitive

A market structure characterized by a large number of sellers offering identical products, where no single seller can influence the market price.