The Dow Jones company calculates a number of stock market index numbers that are used as indicators
a. What is an elementary unit for this data set?
b. What kind of a data set is this: univariate, bivariate, or multivariate?
c. Which of these variables are quantitative? Which are qualitative?
d. If there are any qualitative variables in this data set, are they nominal or ordinal?
e. Is this cross-sectional or time-series data?
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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