As part of an economics class project, students were asked to randomly select 500 New Your Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students were asked to summarize the current prices (also referred to as the closing price of the stock for a particular trading date) of the collected stocks using graphical and numerical techniques. Identify the variable of interest for this study.
A) the 500 NYSE stocks that current prices were collected from
B) the entire set of stocks that are traded on the NYSE
C) a single stock traded on the NYSE
D) the current price (or closing price) of a NYSE stock

Question

Quizplus · Accepted Answer

The variable of interest is the current price (or closing price) of a NYSE stock, as this is the specific data being collected and analyzed in the study.

As Part of an Economics Class Project, Students Were Asked