Question Answer | Statistics For Managerial Decision

STATISTICS FOR
MANAGERIAL
DECISION
STUDENT ID:
[Pick the date]

Question 1
(a)Quarterly opening prices and stem and leaf display
(b)Graph (Histogram and polygon)
(c)Bar chart

(d) Based on the analyst recommendations given by Reuters, the preferred stock from the
available options would be one which has a better rating.
SYD Stock: Recommendation
Source: https://www.reuters.com/finance/stocks/analyst/SYD.AX

ALX Stock: Recommendation
Source: https://www.reuters.com/finance/stocks/analyst/ALX.AX
By comparing the average rating on the two stocks, it is apparent that a better rating is visible
on ALX in comparison to SYD since the mean rating for the former is 2.8 as compared to
3.45 for the latter. A lower rating value is preferable.
Question 2
(a) Numerical measures “Mean, Median, First and third Quartile”
(b) Numerical measures “Standard deviation, mean absolute deviation and range”