Answer to Question #64358 in Macroeconomics for Hussain

Question

In 2008 stock markets around the world lost value the following percentage falls in stock market indices between the start of the year and the beginning of October

Country %fall
New Zealand 27.05
Canada 27.30
Switzerland 28.42
Mexico 29.99
Australia 31.95
Korea. 32.18
United kingdom 32.37
Spain. 32.69
Malaysia 32.86
Argentina 36.83
France 37.71
Israel 37.84
Germany 37.85
Taiwan 38.79

What are the mean and median percentage for these countries ?
What are the first and third quartiles ?
Doo data contains any out layers ?
What percentile would you report for Germany ?

Answer 1

Overall mean percentage for all countries was 33.13, but the median is 32.53 percent.
Then first quartiles is 29.99 (there are seven values in the lower half, so the middle value is the median). Similarly, the upper half of the data is third quartiles is Q3 = 37.71.
As for Germany, the country has one of the biggest indicators of reducing the value of shares on the stock exchange, second only to Taiwan, which percentage reduction values are the largest in the world. Therefore, we can assume that 2008 is a year of crisis for the German stock exchanges.