Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 3 - Section 3.2 - Assess Your Understanding - Applying the Concepts - Page 153: 27b

Answer

Consumer Goods Stocks: S.D = 8.991 Energy Stocks: S.D = 9.34 In this case, we observe that the investor is paying for the higher returns and it is worth the risk as the Mean and Median rate of return of Energy stocks is higher than the Consumer Goods Stocks.

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