Question: Step 1. Your idea: You will select a publicly traded stock that is in the S&P500 index by clicking this link to the Business insider
Step 1. Your idea: You will select a publicly traded stock that is in the S&P500 index by clicking this link to the Business insider website and choosing a stock. The latest closing.prices are here as well. BThe S&P500 stock market index is viewed as a measure of how well the stock market is performing overall. It includes around 500 of the largest U.S. companies. Step 2. Collect data: You will gather data on its closing price for the last 10 days so that you have 10 data points of with a date and a closing price. Step 3. Do calculations: You will enter the data you have collected into your calculator (Stat, Edit, put data into L1 and L2) and then do a simple linear regression (Stat, calc, choose 8 LinReg (a+bx) that is calculated automatically. Use the numbers 1,2.3 for the dates when you input the data since you cannot enter in dates to the calculator. Step 4. Analysis: Using this data, answer the questions in the Conclusion and Analysis section below by typing your answers here and uploading the spreadsheet. Sten 5: Conclusion: What worked about this assignment and what are the limitations of this assignment? Answer each of these questions with at least 3 sentences each and provide data and calculations when necessary: 1. Which stock did you select and why? Glve a brief description of the company and its product/service
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