Question & Answer: Statistics play an important role in predicting what will happen in the future based on collecting, reviewing, and analyzing data from the past. T…..

Statistics play an important role in predicting what will happen in the future based on collecting, reviewing, and analyzing data from the past. This unit Discussion Board will provide a forum for you to share some information from the Internet that is presented in chart or table form.

Tables or Graphs

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Using the Internet, the text, or another reliable source such as a newspaper or periodical site, (not a scholastic or school site like Khan Academy and not Wikipedia), research some important data that has been presented in graph or table format. Make sure to cut and paste the chart or table; if that is not possible, paste a link to the webpage. (Check it to be sure it links correctly.) Present your graph and fully explain the information it is representing. Pose one question regarding the data and graph or chart for your fellow students to consider and respond to in your post.

Expert Answer

 

Question & Answer: Statistics play an important role in predicting what will happen in the future based on collecting, reviewing, and analyzing data from the past. T..... 1The above chart displays the detailed fluctuations in the price of shares of Company Tanfac Ind. This chart represents the share market activities for the shares of the company in Bombay Stock Exchange (BSE) India. The data available above is from March 24, 2017 to September 20,2017. The line shows the closing rate of the share for the day. The details on the top row of the chart depicts the situation of the stock as on April 7, 2017.

Question : What can you conclude by the share price line of the stock?

Ans : The line is fluctuating between the values INR 60 to INR 70 till the mid of May, 2017 and then the share price falls to a steep low of INR 50. The share price gains value in August, 2017. The share price grows and touch the highes price of INR 87.5 closing rate in September, 2017.

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