As part of an economics class project, students were asked to randomly select 500 New York 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
Experimental unit of interest for this study.
A)the current price (or closing price)of a NYSE stock
B)a single stock traded on the NYSE
C)the entire set of stocks that are traded on the NYSE
D)the 500 NYSE stocks that current prices were collected from

Question

Quizplus · Accepted Answer

The experimental unit of interest is a single stock traded on the NYSE, as each stock represents an individual unit from which data (the current or closing price) is collected for analysis.

As Part of an Economics Class Project, Students Were Asked