A student finds data on an Internet site that contains financial information about selected companies. He plans to analyze the d

Question

2 years ago

7

A student finds data on an Internet site that contains financial information about selected companies. He plans to analyze the d

ata and use the results to develop a stock investment strategy. What kind of data source is he using? What concerns might you have about drawing conclusions from this data set?

Business

1 answer:

Alexandra [31] · Answer 1 · 2023-04-08T16:14:22+03:00

What kind of data source is he using?

It is not clear what kind of data source.

What concerns might you have about drawing conclusions from this data set?

The student ought to be caustics about the use of data from the past to predict the future outcomes. He must be cautious when making generalisations from such a data set as businesses may not be necessarily representative of other businesses.