All eight companies in the aerospace industry were surveyed as to their return on investment last year.

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All eight companies in the aerospace industry were surveyed as to their return on investment last year. The results are: 10.6%, 12.6%, 14.8%, 18.2%, 12.0%, 14.8%, 12.2%, and 15.6%.

Calculate the

(a) Range

(b) Arithmetic mean

(c) Variance, and

(d) Interpret the statistics.

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Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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