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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!