Over a period of one week, the Dow Jones Industrial Average (DJIA) did the following: On...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Over a period of one week, the Dow Jones Industrial Average (DJIA) did the following: On Monday the DJIA went up by 2.5%, on Tuesday it went up by 12.1%, on Wednesday it went down by 4.7%, on Thursday it went up by 0.8%, and on Friday it went down by 5.4%. What was the percentage increase/decrease of the DJIA over the week? Round your answer to the nearest tenth of a percentage point. Over a period of one week, the Dow Jones Industrial Average (DJIA) did the following: On Monday the DJIA went up by 2.5%, on Tuesday it went up by 12.1%, on Wednesday it went down by 4.7%, on Thursday it went up by 0.8%, and on Friday it went down by 5.4%. What was the percentage increase/decrease of the DJIA over the week? Round your answer to the nearest tenth of a percentage point.
Expert Answer:
Related Book For
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
Posted Date:
Students also viewed these accounting questions
-
One theory concerning the Dow Jones Industrial Average is that it is likely to increase during U. S. presidential election years. From 1964 through 2012, the Dow Jones Industrial Aver-age increased...
-
One theory concerning the Dow Jones Industrial Average is that it is likely to increase during U.S. presidential election years. From 1964 through 2008, the Dow Jones Industrial Average increased in...
-
The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1991-2010: Develop a trend line and use it to predict the opening DJIA index value...
-
Suppose that two stocks whose rates of return are given by the two-factor arbitrage pricing model r= a +31 +42 r2 = 02 +241 +2, where a, and a2 are constants. Furthermore, there is a risk-free asset...
-
Reliance Company manufactures and sells wireless video cell phones, which it guarantees for five years. If a cell phone fails, it is replaced free, but the customer is charged a service fee for...
-
1. Discuss a real-life example of a virtual team. This can be from your own experience or one that you have researched. 2. Analyze being an effective leader in a virtual environment making specific...
-
The U.S. Labor Department surveys 60,000 households each month to compile its unemployment report. To select these households, the department first groups cities and counties into about 2,000...
-
Carlisle Engine Company manufactures and sells diesel engines for use in small farming equipment. For its 2014 budget, Carlisle Engine Company estimates the following: Selling price ...........$...
-
How does the principle of parsimony guide researchers in formulating concise hypotheses and theories in scientific inquiry?
-
You are about to begin a summer internship in Logistics working for a company Express Mover that provides packaging and shipping services to customers moving large amounts of materials from 2,000...
-
The company regularly buys sweaters from AA company and is allowed trade discounts of 18% and 9% from the list price. the company made a purchase during the year and received an invoice with a list...
-
Rainbow Toys Ltd. has set a revised target net income of $70,000, with an average income tax rate of 30% and fixed costs of $52,000. If they regularly sell 18,000 units and each unit has a...
-
A caterer will provide rental equipment at a retail price of $2,000. The caterer receives a 10 percent discount from the rental firm and applies a 15 percent markup on the equipment. How much profit...
-
On April 1, 2023 Hillary donated stock with a fair market value of $60,000 to the United Charity Fund, a qualified charitable organization. She purchased the sotock on February 1, 2015 for $20,000....
-
Sana's Sarees purchased merchandise on account from her supplier on July 11. The invoice price of the purchase was $7,000. The supplier offers credit terms of 2/10, n/30. The goods were shipped F.O.B...
-
Choose yourself or someone you know well. Create a simple Investment Policy Statement (IPS). Identify the person, e.g., "Me", "My parents", "My friend." You don't need to name the person. Briefly...
-
The U.S. residential construction contracting industry is composed of about 160,000 firms (single-location companies and units of multilocation companies) that renovate and build residential...
-
Find the numerical value of each expression. (a) sech 0 (b) cosh -1 1
-
The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = .17 and a sample of 800 households will be selected from...
-
Which NCAA college basketball conferences have the higher probability of having a team play in college basketballs national championship game? Over the last 20 years, the Atlantic Coast Conference...
-
The 92 million Americans of age 50 and over control 50 percent of all discretionary income (AARP Bulletin, March 2008). AARP estimated that the average annual expenditure on restaurants and carryout...
-
Which of the following advantages listed by Ryan with respect to the earnings-based approach studied by Atkinson is most likely correct? The model A. Can be used for non-U.S. equity markets. B....
-
1. Assume the S&P 500 forward earnings yield is 5 percent and the 10-year T-note yield is 4.6 percent. Are stocks overvalued or undervalued according to the Fed model? 2. Why might the earnings yield...
-
Data from which Tobins q and equity q can be calculated are published in the Flow of Funds Accounts of the United States-Z.1, published quarterly by the Federal Reserve.* This data source is...
Study smarter with the SolutionInn App