Contemporary Mathematics for Business and Consumers
7th Edition
ISBN: 9781285189758
Author: Robert Brechner, George Bergeman
Publisher: Cengage Learning
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Textbook Question
Chapter 21.I, Problem 8RE
BUSINESS DECISION: CHOOSING A CHART
You have been asked to prepare a chart of stock prices for the upcoming semiannual stockholders' meeting for Magnum Enterprises. The following table shows Magnum's stock prices on the first day of each month Choose and prepare a chart that best illustrates this information.
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For the given set of business data, (a) identify the appropriate graph/chart to use, (b)
draw the graph/chart to present the data, and (c) analyze and interpret the data presented
in the graph/chart.
1. Sales of your business for one week
Sales
Day
(in thousand pesos)
Monday
40
45
Tuesday
50
Wednesday
60
Thursday
90
Friday
80
Saturday
70
Sunday
Day traders typically buy and sell stocks (or other investment instruments) during the trading day and sell all investments by the
end of the day. The following table shows the closing prices on September 22, 2015, of 12 stocks selected by your broker,
Prudence Swift, as well as the change that day.
Tech Stocks
Close
Change
AAPL (Apple)
$113.40
-1.81
ADBE (Adobe Systems)
$84.66
1.34
EBAY (eBay)
$25.61
-0.31
MSFT (Microsoft)
$3.90
-0.21
S (Sprint)
$4.40
0.02
WIFI (Boingo Wireless)
$8.51
0.56
Non-Tech Stocks
ANF (Abercrombie & Fitch)
$21.81
-0.02
в (Воeing)
$133.99
-2.03
F (Ford Motor Co.)
$13.91
-0.40
GE (General Electric)
$25.10
0.01
GIS (General Mills)
$57.12
0.33
JNJ (Johnson & Johnson)
$93.26
0.13
On the morning of September 22, 2015, Swift advised you to purchase a collection of three tech stocks and two non-tech stocks,
all chosen at random from those listed in the table. You were to sell all the stocks at the end of the trading day.
(a) How many possible collections are possible?…
Chapter 21 Solutions
Contemporary Mathematics for Business and Consumers
Ch. 21.I - Use Table 21-1 to answer the following questions...Ch. 21.I - Use Exhibits 21-1 and 21-2 to answer the following...Ch. 21.I - Prob. 3TIECh. 21.I - Prob. 4TIECh. 21.I - Prob. 5TIECh. 21.I - Prob. 6TIECh. 21.I - Prob. 7TIECh. 21.I - Prob. 8TIECh. 21.I - Prob. 9TIECh. 21.I - Prob. 10TIE
Ch. 21.I - Prob. 1RECh. 21.I - TABLE 21-1 Magnum Enterprises Six-Month Sales...Ch. 21.I - Prob. 3RECh. 21.I - Prob. 4RECh. 21.I - TABLE 21-1 Magnum Enterprises Six-Month Sales...Ch. 21.I - Prob. 6RECh. 21.I - Prob. 7RECh. 21.I - BUSINESS DECISION: CHOOSING A CHART
8. You have...Ch. 21.II - Prob. 11TIECh. 21.II - Prob. 12TIECh. 21.II - Prob. 13TIECh. 21.II - Prob. 14TIECh. 21.II - Prob. 15TIECh. 21.II - Prob. 1RECh. 21.II - Prob. 2RECh. 21.II - Prob. 3RECh. 21.II - Prob. 4RECh. 21.II - Prob. 5RECh. 21.II - Prob. 6RECh. 21.II - Prob. 7RECh. 21.II - Prob. 8RECh. 21.II - Prob. 9RECh. 21.II - Prob. 10RECh. 21.II - Determine the mode of the following sets of...Ch. 21.II - Prob. 12RECh. 21.II - Prob. 13RECh. 21.II - Prob. 14RECh. 21.II - Prob. 15RECh. 21.II - Prob. 16RECh. 21.II - Prob. 17RECh. 21.II - The following numbers represent the gallons of...Ch. 21.II - You are the owner of The Dependable Delivery...Ch. 21.II - Prob. 20RECh. 21.III - Prob. 17TIECh. 21.III - Prob. 18TIECh. 21.III - Prob. 1RECh. 21.III - You are the sales manager of the Esquire...Ch. 21.III - Prob. 3RECh. 21.III - BUSINESS DECISION: RELATIVE FREQUENCY...Ch. 21 - 1. The systematic process of collecting,...Ch. 21 - 2. Statistical procedures that deal with the...Ch. 21 - A collection of related data arranged for ease of...Ch. 21 - Prob. 4CRCh. 21 - 5. The horizontal axis of a line chart is known as...Ch. 21 - Prob. 6CRCh. 21 - To construct a pie chart, we multiply each...Ch. 21 - Prob. 8CRCh. 21 - 9. The _______ is the midpoint value of a set of...Ch. 21 - Prob. 10CRCh. 21 - Prob. 11CRCh. 21 - Prob. 12CRCh. 21 - Prob. 13CRCh. 21 - Prob. 14CRCh. 21 - 1. The following data represent the monthly sales...Ch. 21 - Prob. 2ATCh. 21 - Prob. 3ATCh. 21 - You have just been hired as the quality control...Ch. 21 - 5. You are the human resource director for Apollo...
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