Business Statistics Concept

Business Statistics Concept
September 19, 2010

Business Statistics Concept
      The stock market plays a significant role in the health of the economy and is one of the most important sources for companies to raise money.   Experience has shown that the price of shares and other assets is an important part of the dynamics of economic growth.   Rising share prices, for instance, tend to be associated with increased business investment and vice versa.   Share prices also affect determines the stability of the company.   For instance, every company has to monitor its inflations and deflations periods to prevent more possible losses.
      The purpose of this paper is to apply the different concepts of business statistics in the given data of Citigroup stock prices.
      The data below reflects the open and close share prices of the Citigroup stocks.
 Open Close OpenCloseCount252 252 1st quartile3.0675 3.0400 Mean3.7042 3.6572 Median3.6700 3.6500 Sample variance1.0129 1.0006 3rd quartile4.2425 4.2000 Sample standard deviation1.0064 1.0003 interquartile range1.1750 1.1600 minimum1.02 1.02 Mode4.1900 4.0600 maximum7.29 7.46 Range6.27 6.44 low extremes0 0 low outliers5 6 population variance1.0089 0.9967 high outliers7 6 population standard deviation1.0044 0.9983 high extremes0 0 confidence interval 95.% lower3.5793 3.5331 confidence interval 95.% upper3.8291 3.7813    half-width0.1249 0.1241 skewness0.5064 0.5150 kurtosis2.4495 2.5989 coefficient of variation (CV)27.17%27.35%

The total population data of the company available is from 1882-2010; that totals to 128 years and exactly 32,256 populations.   In this study only the year 2009 has been chosen with a total count of 252 as the sample.   The mean has been computed as[pic]; where the mean represents the...