Asked by pam
Company stock price of which has risen so that over the past ten trading days , it's mean selling price is $ 14.89 . Over the years the mean price of the stock has been 10.43 ( sigma = 5.60 ) you wonder if the mean selling price is over the next ten days to go higher . Should you wait to sell , or should you sell now ?
Answers
Answered by
John
Find the z-scre
14.98 - 10.43 divided by 5.60
z=.8125
Once the z score is 2 or greater than what happens would be highly unusual. Since the z-score is less than 2, I would say it is possible for the stock to go up.
14.98 - 10.43 divided by 5.60
z=.8125
Once the z score is 2 or greater than what happens would be highly unusual. Since the z-score is less than 2, I would say it is possible for the stock to go up.
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