# Question: Suppose that you bought a stock 6 years ago at

Suppose that you bought a stock 6 years ago at $12. The stock’s price at the end of each year is shown here.

a. Compute the rate of return for each year.

b. Compute the mean and median of the rates of return.

c. Compute the geometric mean of the rates of return.

d. Explain why the best statistic to use to describe what happened to the price of the stock over the 6-year period is the geometricmean.

a. Compute the rate of return for each year.

b. Compute the mean and median of the rates of return.

c. Compute the geometric mean of the rates of return.

d. Explain why the best statistic to use to describe what happened to the price of the stock over the 6-year period is the geometricmean.

## Answer to relevant Questions

The ANES in 2012 asked respondents to state their ages stored as AGE.a. Calculate the mean, variance, and standard deviation.b. Draw a histogram.c. Use the Empirical rule, if applicable, or Chebysheff’s Theorem to ...How much do pets cost? A random sample of dog and cat owners was asked to compute the amounts of money spent on their pets (exclusive of pet food). Draw a box plot for each data set and describe your findings.Draw a box plot of the ages (AGE) of respondents from the 2012 survey. Briefly describe the graph.A real estate developer of single-family dwellings across the country is in the process of developing plans for the next several years. An analyst for the company believes that interest rates are likely to increase but ...Repeat Exercise for the 2009 season.In exercise, the practitioner also recorded the average away attendance for each team in the 2012 season. Because visiting teams take a share of the gate, owners should be interested in ...Post your question