You recently sold 200 shares of disney stock, and the transfer was made through a broker. this is an example of<u> A </u><u>secondary market transaction.</u>
<h3>
What is secondary market?</h3>
Investors can acquire and sell securities they already possess on the secondary market. Although stocks are also sold on the main market when they are originally issued, it is what most people refer to as the "stock market." Secondary markets include the national exchanges, such the NASDAQ and the New York Stock Exchange (NYSE).
Investors trade with one another in secondary marketplaces as opposed to the issuing business.
The secondary market influences the price of securities toward their true worth through a vast network of separate but connected exchanges.
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Answer:
1. Co-variance= -1.2
2. correlation coefficient= -0.4404
3. There is weak negative relationship between x and y.
Explanation:
1.
Co-variance= Cov(x,y)= sum[(x-xbar)(y-ybar)]/n
xbar=sumx/n=32/5=6.4
ybar=sumy/n=35/5=7
x 7 8 5 3 9
x-xbar 0.6 1.6 -1.4 -3.4 2.6
y 7 5 9 7 7
y-ybar 0 -2 2 0 0
(x-xbar)(y-ybar) 0 -3.2 -2.8 0 0
Cov(x,y)= sum[(x-xbar)(y-ybar)]/n=-6/5=-1.2
Cov(x,y)=-1.2
2.
correlation coefficient=r
x 7 8 5 3 9
x-xbar 0.6 1.6 -1.4 -3.4 2.6
y 7 5 9 7 7
y-ybar 0 -2 2 0 0
(x-xbar)(y-ybar) 0 -3.2 -2.8 0 0
(x-xbar)² 0.36 2.56 1.96 11.56 6.76
(y-ybar)² 0 4 4 0 0
r=-0.4404
3. Since the value of correlation coefficient is negative and less than 0.5 , so, we can say that there is weak negative relationship between x and y.
B. A tyrant
The King of England passed many laws affecting the colonists that they did not like, such as the Stamp Act of 1765, so the colonists thought of the King as a tyrant, or a “cruel and oppressive ruler”.
Answer:
during the Renaissance, Leonardo da Vinci was drafting designs for flying machines, parachutes, automobiles, and modern weapons. Today we have many flying machines, parachutes, automobiles, and weapons.
Explanation:
The correct answer for the question that is being presented above is this one: (a) elastic demand. The measure of how demand changes after price adjustments is called elastic demand. T<span>he percentage change in quantity demanded is smaller than that in price. Hence, when the price is raised, the total revenue increases, and vice versa.</span>
