Retrieving the Opening Prices of MQG and PPT Shares
- Quarterly opening price
Stem and leaf plot
- Relative frequency histogram and frequency polygon
- Bar chart for total market capitalisation of six companies as on January 1, 2017 is indicated below.
- The price vs fair value graph has been obtained for both the companies which would provide an hint as to which stock is currently undervalued based on which a recommendation may be given.
Based on the above, it is apparent that PPT stock price is currently lower than the fair value which MQG is currently trading at little above the fair price. Hence, the PPT stock must be purchased.
Source: https://www.morningstar.com
- Mean, median, first quartile and third quartile of average price earnings ratio is shown below:
- Typically for stocks which have high potential of future earnings, the P/E ratio is high. On the other hand, businesses with lower growth potential or stagnant earnings are likely to trade at lower P/E. The P/E ratio tends to impact the price of the stock as for the same earnings per share, two companies can have different prices owing to the future growth, associated risk and robustness of the business model.
- Probability that a randomly selected Australian person will die from neoplasms.
Total number of persons =147,678
Number of person who will die from neoplasms = 44,674
Therefore, there is a 0.1523 probability that a randomly selected Australian female person will die from disease of circulatory system.
- Proportions have been calculated as shown below:
Therefore, there is a 0.1523 probability that a randomly selected Australian female person will die from disease of circulatory system.
- Proportions have been calculated as shown below:
Highest proportion of male deaths compared to female deaths = Neoplasms
Highest proportion of female deaths compared to male deaths = Mental and behavioural system
- Probability that a randomly selected Australian person is dying from diabetes mellitus.
Therefore, there is a 0.029 probability that a randomly selected Australian person is dying from diabetes mellitus.
- Poisson distribution
1st week has started = 2nd January 2017
- Probability that on a given week in a year there would be zero rainfall.
Total number of days on which rain was experienced in a year = 134
Therefore, the mean number of days on which rain was experienced per week = 134/52 = 2.5769
No rainfall:
- Probability that in a given week, there would be rainfall amount between 5 and 15mm.
Rainfall amount between 5 and 15mm
-1.2815 = (X- 10.096)/
- Normal probability plots for the variables
Comment: The above plot can be approximated as a linear shape and hence thus the given variable can be approximated as normal distribution.
Comment: The above plot can be approximated as a linear shape and hence thus the given variable can be approximated as normal distribution.
Comment: The above plot deviates significantly from a linear trend and hence the given variable cannot be approximated as a normal distribution.
Comment: The above plot can be approximated as a linear shape and hence thus the given variable can be approximated as normal distribution.
Comment: The above plot can be approximated as a linear shape and hence thus the given variable can be approximated as normal distribution.
Comment: The above plot deviates significantly from a linear trend and hence the given variable cannot be approximated as a normal distribution.
Comment: The above plot deviates significantly from a linear trend and hence the given variable cannot be approximated as a normal distribution.
Comment: The above plot deviates significantly from a linear trend and hence the given variable cannot be approximated as a normal distribution.
Comment: The above plot deviates significantly from a linear trend and hence the given variable cannot be approximated as a normal distribution.
- 90% confidence interval for variables for both float and non-float glasses.
For float glass
For non-float glass
The variable(s) which are significantly different in composition between float and non-float type of glasses are as follows.
- Aluminium
- Barium
- Magnesium
For the above mentioned variables, there is no overlapping of the confidence intervals predicted for float type and non-float type glasses.