By definition, a random variable, , needs to have a numerical outcome. Generate a new data series
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By definition, a random variable, , needs to have a numerical outcome. Generate a new data series of outcomes, , corresponding the analysts' recommendations as follows: =3.0 if recommendation is "STRONG BUY" =2.5 if recommendation is "BUY" =2.0 if recommendation is "HOLD" =1.5 if recommendation is "UNDERPERFORM" =1.0 if recommendation is "SELL"
Data Below:
| This data set is retrieved from I/B/E/S International Inc. It contains buy-sell-hold recommendations for the stock of Boeing Co. (Ticker code "BA") | |||||
| from a wide cross section of individual professional analyst from the time period between November 1993 and December 2021. | |||||
| (note: If analyst's name is unknown, it is replaced with "N/A") | |||||
| Analyst Name | Buy-Hold-Sell Recommendation | ||||
| FREIDMAN P | BUY | ||||
| REICH G | STRONG BUY | ||||
| WHITLOW W | HOLD | ||||
| RIXE L | HOLD | ||||
| N/A | HOLD | ||||
| MUSSER P | BUY | ||||
| THADHANI A | HOLD | ||||
| RUBEL H | UNDERPERFORM | ||||
| MODZELEWSKI J | HOLD | ||||
| BINDER S | HOLD | ||||
| N/A | STRONG BUY | ||||
| MUSSER P | SELL | ||||
| HACKENBURG F | HOLD | ||||
| PEIRCE J | STRONG BUY | ||||
| N/A | STRONG BUY | ||||
| SIMON J | HOLD | ||||
| PIZZIMENTI D | HOLD | ||||
| EARLE C | STRONG BUY | ||||
| ASERITIS P | HOLD | ||||
| ASERITIS P | BUY | ||||
| PEIRCE J | HOLD | ||||
| WHITLOW W | STRONG BUY | ||||
| SIMON J | BUY | ||||
| OBOLENSKY I | HOLD | ||||
| N/A | BUY | ||||
| RIXE L | SELL | ||||
| N/A | STRONG BUY | ||||
| N/A | STRONG BUY | ||||
| OBOLENSKY I | BUY | ||||
| FREIDMAN P | UNDERPERFORM | ||||
| BINDER S | BUY | ||||
| RIXE L | HOLD | ||||
| CAMPBELL J | BUY | ||||
| N/A | BUY | ||||
| DEMISCH W | BUY | ||||
| N/A | SELL | ||||
| OBOLENSKY I | HOLD | ||||
| RIXE L | HOLD | ||||
| FRANKOLA J | BUY | ||||
| N/A | STRONG BUY | ||||
| RUBEL H | BUY | ||||
| LEWIS T | BUY | ||||
| HACKENBURG F | SELL | ||||
| LEWIS T | HOLD | ||||
| CAMPBELL J | BUY | ||||
| FREIDMAN P | BUY | ||||
| RIXE L | HOLD | ||||
| N/A | BUY | ||||
| HACKENBURG F | HOLD | ||||
| RIXE L | SELL | ||||
| N/A | STRONG BUY | ||||
| OBOLENSKY I | BUY | ||||
| RIXE L | SELL | ||||
| RUBEL H | STRONG BUY | ||||
| BAHL M | HOLD | ||||
| DEMISCH W | BUY | ||||
| DEMISCH W | STRONG BUY | ||||
| HEYMANN N | STRONG BUY | ||||
| MODZELEWSKI J | BUY | ||||
| HACKENBURG F | BUY | ||||
| RIXE L | HOLD | ||||
| DEMISCH W | BUY | ||||
| PEIRCE J | STRONG BUY | ||||
| ASERITIS P | BUY | ||||
| PEIRCE J | BUY | ||||
| CHAO P | STRONG BUY | ||||
| MODZELEWSKI J | STRONG BUY | ||||
| CHAO P | STRONG BUY | ||||
| OBOLENSKY I | STRONG BUY | ||||
| OBOLENSKY I | BUY | ||||
| HEYMANN N | STRONG BUY | ||||
| MODZELEWSKI J | BUY | ||||
| DEMISCH W | STRONG BUY | ||||
| DEMISCH W | BUY | ||||
| ASERITIS P | BUY | ||||
| N/A | BUY | ||||
| DAVIS B | BUY | ||||
| STEWART G | BUY | ||||
| HEYMANN N | HOLD | ||||
| CAMPBELL J | STRONG BUY | ||||
| RUBEL H | HOLD | ||||
| BINDER S | STRONG BUY | ||||
| ASERITIS P | HOLD | ||||
| MODZELEWSKI J | STRONG BUY | ||||
| STEWART G | STRONG BUY | ||||
| N/A | BUY | ||||
| LEWINS S | STRONG BUY | ||||
| ASERITIS P | BUY | ||||
| MODZELEWSKI J | BUY | ||||
| OBOLENSKY I | HOLD | ||||
| LEWINS S | STRONG BUY | ||||
| MODZELEWSKI J | HOLD | ||||
| STEWART G | BUY | ||||
| BINDER S | HOLD | ||||
| LEWINS S | STRONG BUY | ||||
| STEWART G | HOLD | ||||
| KRIEGER G | BUY | ||||
| KRIEGER G | HOLD | ||||
| PEARLSTEIN S | STRONG BUY | ||||
| LOWRY M | STRONG BUY | ||||
| N/A | STRONG BUY | ||||
| BUNYANER M | HOLD | ||||
| MODZELEWSKI J | BUY | ||||
| KRIEGER G | BUY | ||||
| CALLAN B | HOLD | ||||
| AYSCUE J | HOLD | ||||
| HEYMANN N | BUY | ||||
| AYSCUE J | BUY | ||||
| LEWINS S | STRONG BUY | ||||
| HEYMANN N | HOLD | ||||
| LEWINS S | HOLD | ||||
| MODZELEWSKI J | HOLD | ||||
| CAMPBELL J | HOLD | ||||
| PEARLSTEIN S | HOLD | ||||
| STEWART G | UNDERPERFORM | ||||
| CHAO P | HOLD | ||||
| N/A | SELL | ||||
| KRIEGER G | HOLD | ||||
| ASERITIS P | HOLD | ||||
| CHAO P | BUY | ||||
| DEMISCH W | HOLD | ||||
| MECRAY C | HOLD | ||||
| KRIEGER G | BUY | ||||
| N/A | BUY | ||||
| STEWART G | HOLD | ||||
| STEWART G | UNDERPERFORM | ||||
| ROGERS J | BUY | ||||
| N/A | STRONG BUY | ||||
| N/A | SELL | ||||
| MECRAY C | BUY | ||||
| STEWART G | HOLD | ||||
| GINSBERG A | STRONG BUY | ||||
| TORTORA R | HOLD | ||||
| CHAO P | BUY | ||||
| CALLAN B | BUY | ||||
| CAMPBELL J | BUY | ||||
| SAN PIETRO J | BUY | ||||
| WOOD H | HOLD | ||||
| WOOD H | BUY | ||||
| N/A | HOLD | ||||
| ABRAMOWITZ W | HOLD | ||||
| ERNST T | BUY | ||||
| KELLEHER J | STRONG BUY | ||||
| ROGERS J | STRONG BUY | ||||
| MECRAY C | STRONG BUY | ||||
| WOOD H | STRONG BUY | ||||
| VACHERESSE M | BUY | ||||
| N/A | BUY | ||||
| N/A | STRONG BUY | ||||
| N/A | STRONG BUY | ||||
| SANPIETRO J | STRONG BUY | ||||
| OBOLENSKY I | BUY | ||||
| N/A | STRONG BUY | ||||
| ERNST T | HOLD | ||||
| MECRAY C | BUY | ||||
| KELLEHER J | HOLD | ||||
| OBOLENSKY I | STRONG BUY | ||||
| N/A | BUY | ||||
| ERNST T | BUY | ||||
| CAMPBELL J | HOLD | ||||
| WOOD H | BUY | ||||
| WOOD H | BUY | ||||
| CHAO P | STRONG BUY | ||||
| N/A | BUY | ||||
| MECRAY C | HOLD | ||||
| TOOMEY R | STRONG BUY | ||||
| KELLEHER J | STRONG BUY | ||||
| RUBEL H | STRONG BUY | ||||
| NADOL J | HOLD | ||||
| N/A | BUY | ||||
| CAMPBELL J | BUY | ||||
| N/A | STRONG BUY | ||||
| JACOBS P | BUY | ||||
| N/A | STRONG BUY | ||||
| N/A | BUY | ||||
| SAN PIETRO J | STRONG BUY | ||||
| ERNST T | HOLD | ||||
| ERNST T | HOLD | ||||
| N/A | STRONG BUY | ||||
| ROGERS J | BUY | ||||
| WOOD H | HOLD | ||||
| ROGERS J | HOLD | ||||
| JACOBS P | STRONG BUY | ||||
| SANPIETRO J | BUY | ||||
| JACOBS P | STRONG BUY | ||||
| KELLEHER J | HOLD | ||||
| KRIEGER G | BUY | ||||
| NISBET P | HOLD | ||||
| N/A | STRONG BUY | ||||
| BINDER S | HOLD | ||||
| CAMPBELL J | BUY | ||||
| KELLEHER J | STRONG BUY | ||||
| CAMPBELL J | STRONG BUY | ||||
| CAMPBELL J | BUY | ||||
| N/A | BUY | ||||
| JACOBS P | BUY | ||||
| CHAO/WEINER | BUY | ||||
| WOOD H | UNDERPERFORM | ||||
| CALLAN B | STRONG BUY | ||||
| ROGERS J | UNDERPERFORM | ||||
| MECRAY C | BUY | ||||
| WOOD H | BUY | ||||
| NISBET P | HOLD | ||||
| N/A | HOLD | ||||
| CAMPBELL J | BUY | ||||
| KELLEHER J | SELL | ||||
| BINDER S | HOLD | ||||
| CHAO P | BUY | ||||
| CALLAN B | STRONG BUY | ||||
| MECRAY C | BUY | ||||
| N/A | STRONG BUY | ||||
| NADOL J | HOLD | ||||
| WHITMORE C | HOLD | ||||
| JACOBS P | STRONG BUY | ||||
| CAMPBELL J | HOLD | ||||
| WOOD H | BUY | ||||
| PEARLSTEIN S | HOLD | ||||
| WOOD H | BUY | ||||
| CHAO P | BUY | ||||
| MATHER S | HOLD | ||||
| CHAO P | BUY | ||||
| PEARLSTEIN S | HOLD | ||||
| ROGERS J | HOLD | ||||
| FOTHERGILL N | HOLD | ||||
| COHEN R | HOLD | ||||
| TOOMEY R | HOLD | ||||
| KELLEHER J | STRONG BUY | ||||
| NISBET P | STRONG BUY | ||||
| RUBEL H | HOLD | ||||
| ENGEL G | UNDERPERFORM | ||||
| NADOL J | UNDERPERFORM | ||||
| MATHER S | BUY | ||||
| TOOMEY R | BUY | ||||
| PEARLSTEIN S | HOLD | ||||
| HURSON K | HOLD | ||||
| FOTHERGILL N | STRONG BUY | ||||
| MECRAY C | UNDERPERFORM | ||||
| ENGEL G | UNDERPERFORM | ||||
| COHEN R | HOLD | ||||
| FOTHERGILL N | STRONG BUY | ||||
| MECRAY C | HOLD | ||||
| SPINGARN R | SELL | ||||
| TOOMEY R | STRONG BUY | ||||
| KELLEHER J | HOLD | ||||
| WEINER A | HOLD | ||||
| HIGGINS J | BUY | ||||
| JACOBS P | HOLD | ||||
| CAMPBELL J | BUY | ||||
| CALLAN B | HOLD | ||||
| SPINGARN R | HOLD | ||||
| BETTS S | STRONG BUY | ||||
| RESEARCH DEPT | HOLD | ||||
| JACOBS P | SELL | ||||
| FOTHERGILL N | HOLD | ||||
| MUROFF J | HOLD | ||||
| DONOFRIO S | SELL | ||||
| JACOBS P | HOLD | ||||
| HIGGINS J | HOLD | ||||
| ENGEL G | UNDERPERFORM | ||||
| BETTS S | HOLD | ||||
| HARNED D | STRONG BUY | ||||
| RUBEL H | BUY | ||||
| FOTHERGILL N | STRONG BUY | ||||
| EMBERSITS J | UNDERPERFORM | ||||
| WALTON M | HOLD | ||||
| DONOFRIO S | HOLD | ||||
| GREMMELS D | HOLD | ||||
| SPINGARN R | BUY | ||||
| SUDOL M | STRONG BUY | ||||
| CALLAN B | STRONG BUY | ||||
| PEARLSTEIN S | STRONG BUY | ||||
| DAVIS M | STRONG BUY | ||||
| CALLAN B | BUY | ||||
| TOOMEY R | HOLD | ||||
| FOTHERGILL N | HOLD | ||||
| BETTS S | STRONG BUY | ||||
| TOOMEY R | UNDERPERFORM | ||||
| STALLARD R | STRONG BUY | ||||
| SAFRAN R | HOLD | ||||
| TOOMEY R | HOLD | ||||
| LAHR T | STRONG BUY | ||||
| SAFRAN R | HOLD | ||||
| SPINGARN R | BUY | ||||
| WALTON M | HOLD | ||||
| GREMMELS D | HOLD | ||||
| SAN PIETRO J | HOLD | ||||
| NADOL J | HOLD | ||||
| EPSTEIN R | STRONG BUY | ||||
| SILVER D | BUY | ||||
| JACOBS P | HOLD | ||||
| FIDLER B | HOLD | ||||
| HARNED D | HOLD | ||||
| ARMENT P | BUY | ||||
| TOOMEY R | UNDERPERFORM | ||||
| LIEBOWITZ G | STRONG BUY | ||||
| WOOD H | HOLD | ||||
| DERCHIN M | HOLD | ||||
| ARMENT P | UNDERPERFORM | ||||
| HARNED D | STRONG BUY | ||||
| WALTON M | HOLD | ||||
| SPINGARN R | BUY | ||||
| JACOBS P | STRONG BUY | ||||
| WOOD H | BUY | ||||
| COLLINS M | HOLD | ||||
| TOOMEY R | UNDERPERFORM | ||||
| ARMENT P | HOLD | ||||
| NISBET P | STRONG BUY | ||||
| EPSTEIN R | STRONG BUY | ||||
| STALLARD R | HOLD | ||||
| NOURSE H | HOLD | ||||
| SAFRAN R | HOLD | ||||
| SAFRAN R | UNDERPERFORM | ||||
| JAKOBSEN R | STRONG BUY | ||||
| COPELAND C | BUY | ||||
| STALLARD R | BUY | ||||
| JACOBS P | STRONG BUY | ||||
| WOOD H | BUY | ||||
| HARNED D | HOLD | ||||
| KHAN Z | UNDERPERFORM | ||||
| SPINGARN R | HOLD | ||||
| RUBEL H | STRONG BUY | ||||
| STALLARD R | HOLD | ||||
| WOOD H | BUY | ||||
| JACOBS P | HOLD | ||||
| PEARLSTEIN S | HOLD | ||||
| FOUNG J | BUY | ||||
| KLEINSCHMIDT P | HOLD | ||||
| POPONAK N | HOLD | ||||
| STALLARD R | BUY | ||||
| JACOBS P | SELL | ||||
| NISBET P | STRONG BUY | ||||
| JACOBS P | HOLD | ||||
| WALTON M | SELL | ||||
| WOOD H | HOLD | ||||
| NISBET P | HOLD | ||||
| JAKOBSEN R | STRONG BUY | ||||
| CAMPBELL J | HOLD | ||||
| SAFRAN R | BUY | ||||
| SAFRAN R | HOLD | ||||
| STALLARD R | HOLD | ||||
| WOOD H | HOLD | ||||
| JAKOBSEN R | BUY | ||||
| WOOD H | UNDERPERFORM | ||||
| STALLARD R | BUY | ||||
| NOURSE H | UNDERPERFORM | ||||
| NISBET P | STRONG BUY | ||||
| HERBERT K | HOLD | ||||
| CAMPBELL J | BUY | ||||
| HAMILTON A | STRONG BUY | ||||
| STALLARD R | HOLD | ||||
| SAFRAN R | HOLD | ||||
| STASZAK J | STRONG BUY | ||||
| ARMENT P | BUY | ||||
| SAFRAN R | STRONG BUY | ||||
| HAMILTON A | STRONG BUY | ||||
| LEAKE F | BUY | ||||
| KELLER E | STRONG BUY | ||||
| STALLARD R | BUY | ||||
| WOOD H | UNDERPERFORM | ||||
| HERBERT K | STRONG BUY | ||||
| SPINGARN R | BUY | ||||
| PEARLSTEIN S | STRONG BUY | ||||
| POPONAK, CFA N | BUY | ||||
| WOOD H | HOLD | ||||
| HARNED D | STRONG BUY | ||||
| WALTON M | BUY | ||||
| KHAN Z | HOLD | ||||
| RICHTON J | HOLD | ||||
| NISBET P | STRONG BUY | ||||
| STALLARD R | BUY | ||||
| NELSON B | HOLD | ||||
| HARNED D | HOLD | ||||
| WOOD H | HOLD | ||||
| NADOL J | BUY | ||||
| STASZAK J | HOLD | ||||
| HAMILTON A | BUY | ||||
| ADAMS J | UNDERPERFORM | ||||
| SKIBITSKI P | STRONG BUY | ||||
| NOURSE H | HOLD | ||||
| DAKA A | HOLD | ||||
| FOUNG J | BUY | ||||
| LEAKE F | STRONG BUY | ||||
| RICHTON J | BUY | ||||
| RESEARCH DEPA | BUY | ||||
| ADAMS J | HOLD | ||||
| DERCHIN M | BUY | ||||
| REINER Y | HOLD | ||||
| DIHORA N | HOLD | ||||
| WHITTINGTON R | BUY | ||||
| ARMENT P | BUY | ||||
| WOOD H | BUY | ||||
| LEWIS M | BUY | ||||
| KHAN Z | UNDERPERFORM | ||||
| LEVENSON S | HOLD | ||||
| NEIDL R | BUY | ||||
| FOUNG J | BUY | ||||
| GABRIEL N | STRONG BUY | ||||
| LEVENSON S | STRONG BUY | ||||
| HARNED D | STRONG BUY | ||||
| REINER Y | STRONG BUY | ||||
| DIHORA N | HOLD | ||||
| COPELAND C | BUY | ||||
| HERBERT K | HOLD | ||||
| LEAKE F | HOLD | ||||
| LEAKE F | SELL | ||||
| LEAKE F | HOLD | ||||
| FEINSETH I | HOLD | ||||
| HUGEL E | BUY | ||||
| LEAKE F | STRONG BUY | ||||
| KHAN Z | HOLD | ||||
| FOUNG J | BUY | ||||
| GODYN J | BUY | ||||
| HUGEL E | BUY | ||||
| HERBERT K | STRONG BUY | ||||
| SAFRAN R | HOLD | ||||
| REINER Y | HOLD | ||||
| RESEARCH DEPA | HOLD | ||||
| POPONAK, CFA N | HOLD | ||||
| KEAY H | STRONG BUY | ||||
| KEAY H | HOLD | ||||
| SKIBITSKI P | BUY | ||||
| STALLARD R | HOLD | ||||
| SAFRAN R | STRONG BUY | ||||
| GODYN J | BUY | ||||
| GODYN J | BUY | ||||
| SAFRAN R | HOLD | ||||
| EPSTEIN R | HOLD | ||||
| KALTMAN J | STRONG BUY | ||||
| SAFRAN R | SELL | ||||
| SPINGARN R | HOLD | ||||
| NIELSEN N | STRONG BUY | ||||
| POPONAK, CFA N | UNDERPERFORM | ||||
| DERCHIN M | BUY | ||||
| SEIFMAN S | BUY | ||||
| FEINSETH I | BUY | ||||
| ARMENT P | BUY | ||||
| PEARLSTEIN S | HOLD | ||||
| SEIFMAN S | HOLD | ||||
| SAFRAN R | HOLD | ||||
| HERBERT K | HOLD | ||||
| KEE T | UNDERPERFORM | ||||
| EPSTEIN R | UNDERPERFORM | ||||
| LALWANI R | BUY | ||||
| SINHA A | BUY | ||||
| STALLARD R | HOLD | ||||
| SULLIVAN J | BUY | ||||
| MCCONNELL M | UNDERPERFORM | ||||
| FEINSETH I | BUY | ||||
| SULLIVAN J | BUY | ||||
| SAFRAN R | SELL | ||||
| RUBEL H | HOLD | ||||
| LALWANI R | HOLD | ||||
| RUBEL H | STRONG BUY | ||||
| GOLLAN A | BUY | ||||
| SEIFMAN S | BUY | ||||
| EPSTEIN R | HOLD | ||||
| MCCONNELL M | HOLD | ||||
| SPINGARN R | BUY | ||||
| POPONAK, CFA N | HOLD | ||||
| EPSTEIN R | STRONG BUY | ||||
| SAFRAN R | HOLD | ||||
| CZERWENSKY R | HOLD | ||||
| COPELAND C | STRONG BUY | ||||
| DONIE W | HOLD | ||||
| KEAY H | STRONG BUY | ||||
| KEAY H | HOLD | ||||
| KEAY H | STRONG BUY | ||||
| STALLARD R | HOLD | ||||
| FEINSETH I | BUY | ||||
| STRAUSS D | BUY | ||||
| STALLARD R | BUY | ||||
| GUPTA N | BUY | ||||
| DONIE W | STRONG BUY | ||||
| DONIE W | HOLD | ||||
| SKIBITSKI P | BUY | ||||
| LALWANI R | BUY | ||||
| MINERVINO C | BUY | ||||
| CZERWENSKY R | SELL | ||||
| DONIE W | SELL | ||||
| LEE S | BUY | ||||
| EADE J | HOLD | ||||
| FEINSETH I | BUY | ||||
| EPSTEIN R | HOLD | ||||
| SKIBITSKI P | HOLD | ||||
| STRAUSS D | HOLD | ||||
| POPONAK, CFA N | HOLD | ||||
| KEAY H | HOLD | ||||
| SPINGARN R | HOLD | ||||
| OLIN C | UNDERPERFORM | ||||
| GOLLAN A | HOLD | ||||
| STALLARD R | HOLD | ||||
| COPELAND C | BUY | ||||
| SULLIVAN J | BUY | ||||
| SEIFMAN S | HOLD | ||||
| DONIE W | HOLD | ||||
| POPONAK, CFA N | BUY | ||||
| EADE J | STRONG BUY | ||||
| DONIE W | SELL | ||||
| EISEN M | BUY | ||||
| BRAGG J | HOLD | ||||
| SAFRAN R | BUY | ||||
| GOLLAN A | UNDERPERFORM | ||||
| HARNED D | HOLD | ||||
| KEAY H | SELL | ||||
| LIWAG K | UNDERPERFORM | ||||
| KEAY H | HOLD | ||||
| SKIBITSKI P | BUY | ||||
| OLIN C | HOLD | ||||
| DONIE W | HOLD | ||||
| JAIN N | BUY | ||||
| KEAY H | SELL | ||||
| CZERWENSKY R | STRONG BUY | ||||
| BRAGG J | UNDERPERFORM | ||||
| HARNED D | SELL | ||||
| OLIN C | UNDERPERFORM | ||||
| GOLLAN A | HOLD | ||||
| DONIE W | SELL | ||||
| LIWAG K | BUY | ||||
| HERBERT K | STRONG BUY | ||||
| JAIN N | HOLD | ||||
| LIWAG K | BUY | ||||
| OLIN C | BUY | ||||
| AKERS M | HOLD | ||||
| HARNED D | HOLD | ||||
| KEAY H | HOLD | ||||
| SAI N | HOLD | ||||
| DONIE W | HOLD | ||||
| SAI N | BUY | ||||
| NOVICHKOV D | UNDERPERFORM | ||||
| HARNED D | STRONG BUY | ||||
| RESEARCH DEPA | BUY | ||||
| N/A | STRONG BUY | ||||
| DONIE W | SELL | ||||
| PYREVA N | BUY | ||||
| AKERS M | BUY | ||||
| SEIFMAN S | BUY | ||||
| SPINGARN R | BUY |
Expert Answer:
Here is the new data series x corresponding to the analysts recommendations Analyst NameBuyHoldSell Recommendationx FREIDMAN PBUY25 REICH GSTRONG BUY3 WHITLOW WHOLD2 RIXE LHOLD2 NAHOLD2 MUSSER PBUY25 ... View the full answer
Related Book For 
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Authors: Scott Miller, Donald Childers
Posted Date:
