Volume of Apple Stock In 2007, Apple stock had a mean daily volume of 35.1 million shares, according to Yahoo! Finance. A random sample of 40 trading days in 2010 resulted in a sample mean of 23.6 million shares with a standard deviation of 11.7 million shares.
(a) Based on the histogram and boxplot shown (from Stat Crunch), why is a large sample necessary to conduct a hypothesis test about the mean?
(b) Does the evidence suggest that the volume of Apple stock has changed since 2007?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here