Updated: Performance of BNB Using Descriptive Analysis In SPSS

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The price performance of BNB from October 1 – November 19, 2022 is presented in this article. It shall be considered under the following subheadings.

  • 1D Boxplot of BNB Price

  • Line graph of BNB Price

  • Maximum and minimum price of BNB for the stated duration

  • Data Entry Images

  • Conclusion

1D Boxplot of BNB Price

The 1D Boxplot of BNB price is been presented below.

boxplot.JPG

Can you have a look at the numbers generated above the boxplot? It represents extreme values for the price of BNB. As long as those values are not found beneath, it means in future (next year) BNB stands the chance to bull up to $400 per coin.

Other information attached to the Boxplot diagram is the mean (thick dark line) which indicates the average price of BNB within the stated period, more details of this will be displayed in the line graph below.

Line graph of BNB Price

The line graph shows the chart of BNB alongside with date the performance price of BNB.

linegraphbnb.JPG

It can be seen from the chart that In October 30, November 3 – November 7, 2022. The price of BNB attempted a bull in price above $300 on two different occasions. This is a good attempt to aim at $400 by mid next year and towards the end of 2023.

Maximum and minimum price of BNB for the stated duration

The maximum and minimum price of BNB for the stated duration is been presented in the table below.

maxmin.JPG

It can be seen that BNB attempted a high price of $354.95.

Data Entry Images

Data entry images can be seen in data and variable view.

data.JPG

Data view presents the dates and price collected in three entries for same date.

Variable view shows that the two variables needed for this analysis is the data and price of BNB.

variable.JPG

Conclusion

This is a summary of performance in price of Binance Coin (BNB). It explains that BNB has the tendency to shoot up to $400 next year in 2023 as its extreme values in boxplot shows values above the normal or usual price.

Thanks for reading



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