Question: Use the transform() method on the FAANG data to represent all the values in terms of the first date in the data. To do so,
Use the transform() method on the FAANG data to represent all the values in terms of the first date in the data. To do so, divide all the values for each ticker by the values for the first date in the data for that ticker. This is referred to as an index, and the data for the first date is the base: (https://ec.europa.eu/eurostat/statistics-explained/index.php/Beginners:Statistical_concept_-_Index_and_base_year). When data is in this format, we can easily see growth over time. Hint: transform() can take a function name
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
