Thirty companies comprise the DJIA. How big are these companies? One common method for measuring the size
Question:
Thirty companies comprise the DJIA. How big are these companies? One common method for measuring the size of a company is to use its market capitalization, which is computed by multiplying the number of stock shares by the price of a share of stock. On March 7, 2018, the market capitalization of these companies ranged from Traveler’s $38.4 billion to Apple’s $896.4 billion. The entire population of market capitalization values is stored in DowMarketCap.
Decide whether the market capitalization of companies in the DJIA appears to be approximately normally distributed by
a. Comparing data characteristics to theoretical properties.
b. Constructing a normal probability plot.
c. Constructing a histogram.
Step by Step Answer:
Business Statistics A First Course
ISBN: 9780135177785
8th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan