7-49 An investment bank is interested in monitoring the weekly amount (in millions of dollars) invested in volatile stoc

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7 49 An Investment Bank Is Interested In Monitoring The Weekly Amount In Millions Of Dollars Invested In Volatile Stoc 1 (54.05 KiB) Viewed 26 times

7-49 An investment bank is interested in monitoring the weekly amount (in millions of dollars) invested in volatile stocks so as to maintain a stable rate of return on a selected fund. Table 7-31 shows 25 consecutive weeks of the amount invested ($M) in the fund. Construct appropriate control charts and comment on the stability of invest- ment. Revise the chart, if necessary, assuming special causes for out-of-control points. What is your estimate of the standard deviation of the weekly amount invested? 386 CONTROL CHARTS FOR VARIABLES Week TABLE 7-31 Weekly Investment in Volatile Stocks Week Investment ($M) Week Investment ($M) 1 16.2 10 12.9 2 10.8 11 28.5 3 18.9 12 23.3 4 14.4 13 20.2 5 15.7 14 19.3 6 25.3 15 14.8 7 20.4 16 18.7 8 22.6 17 20.4 9 17.8 18 21.2 19 20 21 22 23 24 25 Investment ($M) 16.3 14.2 21.5 18.6 20.9 22.4 21.8