The Standard and Poor's 500 stock index (S&P 500) is a benchmark of stock market performance, based on 400 industrial firms, 40 financial stocks, 40 utilities, and 20 transportation stocks. These data include the value of a $1 investment in 1871 at the end of each year from 1871 to 1999, according to the S&P 500, assuming all dividends are reinvested. Describe the distribution of the S&P value as a function of year.
A data frame with 129 observations on the following 2 variables.
Value of Stock at the end of the year
Ramsey, F.L. and Schafer, D.W. (2013). The Statistical Sleuth: A Course in Methods of Data Analysis (3rd ed), Cengage Learning.
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