Math Problem Statement
The stock prices of a company over five consecutive days are $150, $155, $148, $152, and
$149.
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What is the average stock price over this period?
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Calculate the sample variance, variance, and standard deviation of the stock prices.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Mean
Variance
Standard Deviation
Formulas
Mean formula: Mean = sum of values / number of values
Sample Variance formula: s^2 = sum((x_i - mean)^2) / (n - 1)
Population Variance formula: sigma^2 = sum((x_i - mean)^2) / n
Standard Deviation formula: s = sqrt(sample variance)
Population Standard Deviation formula: sigma = sqrt(population variance)
Theorems
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Suitable Grade Level
Advanced High School
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