Here are rates of return for a sample of recent on-site service contracts: a. Find the average
Question:
a. Find the average and standard deviation of these rates of return.
b. Write a paragraph discussing the level of risk (a cost) and average return (a benefit) involved in this area of business.
Transcribed Image Text:
78.9%, 22.5%,-5.2%, 997.3%,-20.7%,-13.5%, 429.7%, 88.4%,-52.1%, 960.1%,-38.8%,-70.9%, 73.3%, 47.0%,-1.5%, 23.9%,-35.6%,-62.0%, -75.7%,-14.0%,-81.2%, 46.9%, 135.1%,-34.6%, -85.3%,-73.6%-9.0%, 19.6%,-86.7%-87.6%, -88.7%,-75.5%,-91.0%,-97.996,-100.090
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a The average is 4214 the standard deviation is 25325 b The risk is very ...View the full answer
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