DJIA and S&P 500 question for homework!!

[ejazbmw]

hey i have another bus stat question (thanks again for the help last time guys it helped a lot )

anyway i have a project due next week so I'm trying to get a head start but one question has me stuck it reads : are the index data categorical or numerical referring to the DJIA and S&P?

i think the DJIA is numerical and the S&P is categorical but I'm not 100% sure so i was hoping one of your stock heads would know this answer

thanks in advance

[ejazbmw]

hmm the more i read my text book the more i think there both numerical....

[MJC///M3]

I would consider them numerical. Think about it this way, if your stat project was interested in the sectors that were represented in these two indexes, you would lean more towards a categorical analysis and employ a two way table to depicting the various sectors that fall within the respective indexes. The DIJA and S&P are weight adjusted averages of stock values as a whole. I would do some more research before you formulate your hypothesis, but hope this helps you out.

[ejazbmw]

Originally Posted by MJC///M3

I would consider them numerical. Think about it this way, if your stat project was interested in the sectors that were represented in these two indexes, you would lean more towards a categorical analysis and employ a two way table to depicting the various sectors that fall within the respective indexes. The DIJA and S&P are weight adjusted averages of stock values as a whole. I would do some more research before you formulate your hypothesis, but hope this helps you out.

hmm interesting point, yeah I'm just looking around for more proof its hard though not much out there about this topic..thanks though

[ejazbmw]

damn i can't find a straight answer for this question....