Your friend is thinking about buying shares of stock in a company. You have been

Question

Your friend is thinking about buying shares of stock in a company. You have been tracking the closing prices of the stock share for the past 90 trading days. Which type of graph for the data, histogram or time-series, would be best to show your friend? Why? A histogram because the pattern of stock prices over time is more relevant than the frequency of a closing prices. A time-series graph because the pattern of stock prices over time is less relevant than the frequency of a range of closing prices. A time-series graph because the pattern of stock prices over time is more relevant than the frequency of a range of closing prices. A histogram because the pattern of stock prices over time is less relevant than the frequency of a range of closing prices.

Explanation / Answer

Option C is Correct. A time series graph is more relevant here because we are looking for trends not averages

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