Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot.
-Below is a time series plot for monthly closing price of 3M Dental Products stock (beginning June 2005). a. Are the closing prices for shares of 3M Dental Products from June 2005 through August 2007 stationary? Explain.
b. Would a histogram provide a good summary of these stock prices? Explain.

Question

Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot. 
-Below is a time series plot for monthly closing price of 3M Dental Products stock (beginning June 2005).  a. Are the closing prices for shares of 3M Dental Products from June 2005 through August 2007 stationary? Explain.
b. Would a histogram provide a good summary of these stock prices? Explain.

Quizplus · Accepted Answer

The Answer of Consider the following to answer the question(s) below:
A consumer research group investigating the relationship between the price of meat (per kilogram) and the fat content (grams) gathered data that produced the following scatterplot. 
-Below is a time series plot for monthly closing price of 3M Dental Products stock (beginning June 2005).  a. Are the closing prices for shares of 3M Dental Products from June 2005 through August 2007 stationary? Explain.
b. Would a histogram provide a good summary of these stock prices? Explain.

Consider the Following to Answer the Question(s) Below