MST Lesson Plan Group 2 Part B Graphing Stock Data Bloom’s Taxonomy: Application, Comprehension, Analysis Gardner’s Multiple Intelligence(s): Logical-Mathematical Children’s Literature: A Kid's Guide to Stock Market Investing by Tamra Orr Book Description: It s never too early or too late to learn about money. Follow a class of fifth-graders as they figure out the world of finance, from earning, budgeting, and saving to investing and collecting coins from around the world. Join Sasha and Tim and the rest of their class as they find out how the world s stock markets work, how they got started, and how everyday people can invest. Meet the Bull on Wall Street, learn the stock market jargon and codes, and even find out what to do if the market should take a tumble. Find out how, with your parents permission, you can buy a few stocks yourself. Even if you don t have the cash to invest in the stock market, you can track a fantasy investment and see what happens. Learn how to make your money work for you, and take the mystery out of stock market investing. Resources: http://www.vcee.org/pdf/NIE_SMG_supplement.pdf http://www.nyse.com/pdfs/TG_Mech.pdf http://www.smgww.org/cgibin/hailogin?ACCOUNTNO=TSC_DEMO&USER_PIN=smgww&SECURITY_STRING=A ND%20(LOGINTYPEID=12) NAEP Process Skills: Scientific Inquiry: S4.2 Conduct investigations using appropriate tools and techniques S4.3 Identify patterns in data and/or relate patterns in data to theoretical models; Technology: T4.1 Propose or critique solutions to problems, given criteria and scientific constraints; NYC Scope and Sequence: Inquiry Skills: Interpreting data – analyzing data that have been obtained and organized by determining apparent patterns or relationships in the data. Creating models – displaying information, using multisensory representations. Process Skills: Observe, collect, organize, and appropriately graph data, then accurately interpret results. 1 NCTM Math Skills: Process Standards: Problem Solving: Monitor and reflect on the process of mathematical problem solving Communication: Communicate their mathematical thinking coherently and clearly to peers, teachers, and others Representation: Create and use representations to organize, record, and communicate mathematical ideas Content Standards: Analyze change in various contexts: Investigate how a change in one variable relates to a change in a second variable; Data Analysis and Probability: Formulate questions that can be addressed with data and collect, organize, and display c relevant data to answer them Collect data using observations, surveys, and experiments; Represent data using tables and graphs such as line plots, bar graphs, and line graphs; ISTE NETs Standards for Literate Students Creativity and Innovation Students demonstrate creative thinking, construct knowledge, and develop innovative products and processes using technology. a. Apply existing knowledge to generate new ideas, products, or processes b. Create original works as a means of personal or group expression Behavioral Objectives: 1. Collect 2. Graph the similarities and differences of two Stocks 3. Motivation: A bar graph is a great way to understand the relationship between two or more things. Essentials: title, labeling, x and y axis, Stock refers to a share in a company. You can buy the stock of an individual company or you can buy stock in a fund. Funds are nothing more than large volumes of stock of various companies that are packaged together and sold in shares. Introduce a poem about stocks and bonds as an icebreaker to the lesson. Stocks and Bonds (Tune: Row, Row, Row Your Boat) Bonds, Bonds, Bonds are things That pay an interest rate. Gradually, Gradually, Gradually, Gradually, Growing while you wait. Stocks, Stocks, Stocks are things That pay a dividend. Gradually, Gradually, Gradually, Gradually, Money you can spend. 2 Stocks, Stocks, Stocks, they change, The price goes up or down. Gradually, Gradually, Gradually, Gradually, Money goes round and round. Procedure: 1. Give children a selection of popular brands from which to choose her stock. For example, Pepsico (PEP), Google (GOOG), Nike (NKE) or Apple (AAPL) are all well-known companies that are publicly traded. 2. Students use various mediums to track their stock (newspaper, internet) over the span of five days. Activity: A. This table illustrates the sort of information that can be found in the stock-listings pages of most newspapers. B. The first two columns, labeled “52 Weeks Hi Lo,” list the highest and lowest prices of the respective stocks during the last 52 weeks. For example, the highest price paid for a share of Sony Corporation stock during the last 52 weeks was $64.25. C. The next column is labeled “Stock.” This column contains an abbreviated name for the listed companies. For example, “McDnlds” is the abbreviation for McDonald’s D. The next column is labeled “Sym.” “Sym” stands for symbol. Each stock traded in the stock markets has a symbol. The symbol for McDonald’s is MCD. E. The next two columns are labeled “Hi” and “Lo.” These two columns show the highest and lowest prices paid for a share of this stock on this particular trading day. F. The final column is labeled “Close.” This column lists the price of a share of stock in its last trade at the close of the market on this particular day. G. 52 Weeks Stock Sym Hi Lo Close 47.50 Abercrombie ANF 66.50 65.50 65.25 80.25 48.75 DaveBusters DAB 77.25 74.25 74.25 64.25 44.50 SonyCp SNE 60.50 59.50 59.50 26.75 22.25 GenMills GIS 26.50 26.50 26.50 66.25 37.50 McDnlds MCD 63.25 61.50 61.50 9.75 47.75 PepsiCo PEP 43.50 42.00 42.50 Hi Lo 68.5 Assessment: I. 1, The first two columns, labeled “52 Weeks Hi Lo,” list the highest and lowest prices of 3 the respective stocks during the last 52 weeks. a. What was the highest price for Abercrombie and Fitch stock during the last 52 weeks? b. Write this price as a mixed number. c. What was the lowest price of PepsiCo stock during the last 52 weeks? d. Write this price as a mixed number. II. III. IV. 2. The next two columns are labeled “Hi” and “Lo.” These columns show the highest and lowest price paid for the stock on that particular trading day. For example, on this day, the highest price paid for a share of Dave and Buster’s stock was $77.25. What was the lowest price paid for a share of General Mills stock on this day? The next column shows the closing price for the stock. The closing price is the price of a share of the stock in its last trade at the close of the market on this particular day. a. What was the closing price (last price) paid for a share of PepsiCo stock on this day? b. What was the closing (last price) paid for a share of Sony Corporation stock on this day? 3. Students complete a chart like below during their observations to track the stock price for their stock. Day: Monday Stock Price: Tuesday Wednesday Thursday Friday 4. Each day students research the value of their stocks, recording them in the tracking sheet. Have them determine how much the stock's value increased or decreased. 5. Acccomodations: According to the strengths and abilities of the students ome students can use the data collected over the 5day span to create a bar graph using a free website. http://www.sadlieroxford.com/math/mc_manipulative.cfm?sp=student&tp=grade&grade=2&id=9#activity http://www.internet4classrooms.com/skill_builders/graphing_coordinate_plane_math_fifth_5 th_grade.htm Others can use Microsoft word or Excel to chart their data 7. As an extension activity, have the students create a line graph to display the change of the 4 stock throughout the project. Have them plot the price at the end of each day, connecting the dots with a line. 8. Students interpret the data they collected by reflecting on the process, including the information the graph created shows. Behavioral Objectives “3” “2” “1” Target Satisfactory Unsatisfactory Behavioral Objective #1: Bar Graph Bar Graph axes are labeled, all data is entered and computations are correct. Bar Graph axes are labeled, and there is one minor error in entering data and/or computations. Behavioral Objective #2: Graph is interpreted and explained correctly. Graph is interpreted correctly but not explained. Bar Graph and/or axes are not labeled, there is more than one minor error in entering data and/or computations Graph is interpreted and explained incorrectly. Interpreting data 5 Student Rating 6