On January 11, 2008, the value of the Dow Jones Industrial Average was 12,606.30, and the divisor

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On January 11, 2008, the value of the Dow Jones Industrial Average was 12,606.30, and the divisor was 0.123017848. Explain why you either agree or disagree with these statements:

a. The average price of the 30 stocks in the Dow was 12,606.30.

b. The average price of the 30 stocks in the Dow was 12,606.30 divided by the divisor.

c. The average price of the 30 stocks in the Dow was 12,606.30 multiplied by the divisor.

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Essential Statistics Regression And Econometrics

ISBN: 9780123822215

1st Edition

Authors: Gary Smith

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Question Posted: Mar 20, 2024 01:00 AM

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On January 11, 2008, the value of the Dow Jones Industrial Average was 12,606.30, and the divisor

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Essential Statistics Regression And Econometrics

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