Question

over the course of three business days in May 2000, you bought the stock of microsoft...

over the course of three business days in May 2000, you bought the stock of microsoft corporation in the following amounts and at the following price per share:

date Number of shares bought price paid per share

8 May 2000 12 $69

9 May 2000 8 $70

10 May 2000 20 $68

a. suppose the variable of interest is price paid per share. what are the values of x? what are the values of f?

b. find the median price paid per share

c. how much money did you invest in microsoft?

Math   Statistics-And-Probability   
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Homework Answers

Answer #1

a) variable of interest is :price paid per share:

Hence, X - Number of shares bought

b) median price per share =

c) How much money invested = Number of shares bought * price paid per share

How much money invested = 12 * 69 + 8 * 70 + 20 * 68 = 468 + 560 + 1360 = 2388

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