The business magazine Forbes reports that 4567 companies sold their first stock to the public between 1990

Question:

The business magazine Forbes reports that 4567 companies sold their first stock to the public between 1990 and 2000. The mean change in the stock price of these companies since the first stock was issued was +111%. The median change was −31%. Explain how this difference could happen.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

The Practice Of Statistics

ISBN: 9781319113339

6th Edition

Authors: Daren S. Starnes, Josh Tabor

Question Posted: