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Dropdown 1: Mar01-Mar15
Dropdown 2: 27%
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
34% (02:19) correct
66%
(02:47)
wrong
based on 474
sessions
History
Date
Time
Result
Not Attempted Yet
Experts Global
The graph illustrates changes in the price of the stock Technosoft over a period of time. The red and green lines are called Bollinger Bands, and they include the price range in which stock trades are most likely to occur based on a moving average. The blue line shows the moving average. The box plots show the common and extreme prices for sales of that stock on each trading day.
From the dropdown menus, select the options that create the most accurate statements based on the information provided.
The period of had the greatest price volatility.
If a person bought the stock at the lowest point in the duration under study and sold it at the highest in the same, the person earned a profit of approximately percentage on his investment, excluding the brokerage.
The graph illustrates changes in the price of the stock Technosoft over a period of time. The red and green lines are called Bollinger Bands, and they include the price range in which stock trades are most likely to occur based on a moving average. The blue line shows the moving average. The box plots show the common and extreme prices for sales of that stock on each trading day.
From the dropdown menus, select the options that create the most accurate statements based on the information provided.
The period of had the greatest price volatility.
If a person bought the stock at the lowest point in the duration under study and sold it at the highest in the same, the person earned a profit of approximately percentage on his investment, excluding the brokerage.
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Official Answer
Dropdown 1: Mar01-Mar15
Dropdown 2: 27%
05 Sep 2024, 12:28
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I. During the period of Mar 01-Mar 15, the Bollinger Bands have the largest deviation from the average for the longest period of time, indicating that price during this time were varying quite a lot, making them quite volatile.
Hence, Mar 01-Mar 15 is the correct answer choice.
II. Over the period, the lowest price was approximately $11 and the highest price was approximately $14. Hence, the maximum possible profit on investment is ($14-$11) / $11 =27% approximately.
Hence, 27% is the correct answer choice.
Hence, Mar 01-Mar 15 is the correct answer choice.
II. Over the period, the lowest price was approximately $11 and the highest price was approximately $14. Hence, the maximum possible profit on investment is ($14-$11) / $11 =27% approximately.
Hence, 27% is the correct answer choice.
10 Sep 2024, 06:32
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For the second question, I used the following numbers:
Sale price=$13.75
Purchase price=$10.25
Profit=($3.50/10.25)×100=34%
Where did I go wrong in my reading of the chart? Thanks!
Posted from my mobile device
Sale price=$13.75
Purchase price=$10.25
Profit=($3.50/10.25)×100=34%
Where did I go wrong in my reading of the chart? Thanks!
Posted from my mobile device
