Stocks may be categorized by sectors. Go to www.pearsonhighered.com/sullivanstats to obtain the data file 11_4_21 using the

Question:

Stocks may be categorized by sectors. Go to www.pearsonhighered.com/sullivanstats to obtain the data file 11_4_21 using the file format of your choice for the version of the text you are using. The data represent the one-year rate of return (in percent) for a sample of consumer cyclical stocks and industrial stocks for the period December 2013 through November 2014. Note: Consumer cyclical stocks include names such as Starbucks and Home Depot. Industrial stocks include names such as 3M and FedEx. In Section 11.3, we learned that industrial stocks appear to have a higher mean rate of return. Does this suggest that industrial stocks are riskier as measured by the standard deviation rate of return?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...