Question: Use the data collected in data project 1 of Chapter 2 regarding earnings per share to complete this problem. Use the mean and standard deviation

Use the data collected in data project 1 of Chapter 2 regarding earnings per share to complete this problem. Use the mean and standard deviation computed in data project 1 of Chapter 3 as estimates for the population parameters. What value separates the top 5% of stocks from the others?


Data from in Project 1

Consider the 30 stocks listed as the Dow Jones Industrials. For each, find its earnings per share. Randomly select 30 stocks traded on the NASDAQ. For each, find its earnings per share. Create a frequency table with 5 categories for each data set. Sketch a histogram for each. How do the two data sets compare?

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