Monthly stock prices (in $) for Firm A and Firm B are collected for five years. A
Question:
Monthly stock prices (in $) for Firm A and Firm B are collected for five years. A portion of the data is shown in the accompanying table.
a. Calculate the mean, the variance, and the standard deviation for each firm’s stock price.
b. Which firm had the higher average stock price over the time period?
c. Which firm’s stock price had greater dispersion as measured by the standard deviation?
Transcribed Image Text:
Date 1/1/2014 2/1/2014 ⠀ 12/1/2018 A 63.85 66.04 1 89.98 B 75.56 78.68 ⠀ 126.38
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
a Firm A x 7539 s2 5202 s 721 Firm B ...View the full answer
Answered By
Mustafa olang
Please accept my enthusiastic application to solutionInn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group. For example, I created songs to teach my three-year-old campers the camp rules, but I gave my college student daily quizzes to help her prepare for exams.
I am passionate about helping students improve in all academic subjects. I still remember my excitement when my calculus student received her first “A” on a quiz! I am confident that my passion and experience are the qualities you are looking for at solutionInn. Thank you so much for your time and consideration.
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
Question Posted:
Students also viewed these Business questions
-
Firm A and Firm B have debt total asset ratios of 44 percent and 34 percent and returns on total assets of 8 percent and 14 percent, respectively. What is the return on equity for Firm A and Firm B?
-
Firm A and Firm B plan to raise $1 million to finance identical projects. Firm A finances the project with 100% equity, whereas firm B uses a 50-50 mix of debt and equity. The interest rate on the...
-
Firm A and Firm B are two firms making backpacks and pencil cases for school children. The following table describes their possible outputs per day. Table 1 Backpacks Pencil cases Firm A 4 or 600...
-
Why are services important? Why is manufacturing important? What are nonmanufactured goods?
-
The lenses used in a compound microscope have powers of + 100 D and + 50 D. If a total magnification of is desired, what should be the distance between the two lenses?
-
Refer to Allieds balance sheets shown in Table 3.1 to answer the following questions: a. What was Allieds net working capital on December 31, 2020? b. What was Allieds net operating working capital...
-
Once a salesperson sees one or more buying signals from a prospect, he or she should trial close. What happens if the prospect doesnt close at that point? Why is this outcome actually favorable for...
-
Miller Corporation is considering replacing a machine. The replacement will reduce operating expenses (that is, increase earnings before depreciation, interest, and taxes) by $16,000 per year for...
-
Sheffield Company purchased equipment on January 1, 2019, for $111,800 with an estimated salvage value of $31,200 and estimated useful life of 8 years. On January 1, 2021, Sheffield decided the...
-
Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated in this chapter....
-
Many environmental groups and politicians are suggesting a return to the federal 55-mile-per-hour (mph) speed limit on Americas highways. They argue that not only will a lower national speed limit...
-
Refer to the previous exercise for a description of the data. a. The skewness and (excess) kurtosis coefficients for the Latin America fund are 0.3215 and 0.7026, respectively. Interpret these...
-
1. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a residual value of $4,200 and a...
-
The significance of an event to a particular financial market or stock can be determined through changes in the exchange index or changes in individual stock prices. Explain how to ensure that the...
-
At December 31, 2020, the assets of Mandarin Company's cash-generating unit (CGU) that include goodwill are shown below (in millions) on the company's statement of financial position: ($ in millions)...
-
Carrington Co. operates its two divisions as investment centers. Information about these divisions follows. Division 1 Division 2 Sales $3,120,000 $1,110,000 Total variable costs 1,578,000 198,000...
-
Prepare an income statement for the year through gross profit. The following information is available for Sheridan Company at December 31, 2022: 1. Inventory balance Beginning of Year End of Year...
-
Firm ABC with a tax bracket of 32% bought 500 share of preferred stock issued by WXY Inc. at $112, sold it at year-end at $112, and received a $4.5 year-end dividend. What was the after-tax return to...
-
a. Use the Laplace transform to obtain the form of the solution of the following equation: x + 4x = 3t b. Obtain the solution to the equation in part (a) for the following conditions: x(0) = 10, x(5)...
-
What is removed during each of the three stages of wastewater treatment: primary, secondary, and tertiary? During which state would you expect items to be recovered that were accidentally flushed,...
-
Discuss the future growth and nature of wholesaling if chains, scrambled merchandising, and the Internet continue to become more important. How will wholesalers have to adjust their mixes? Will...
-
Art Glass Productions, a producer of decorative glass gift items, wants to expand into a new territory. Ma n agers at Art Glass know that unit sales in the new territory will be affected by consumer...
-
In your own words, discuss the integrated marketing communications concept. Explain what its emphasis on consistent and complete messages implies with respect to promotion blends.
-
es Food and nutritional supplements Nutritional counseling ($13 per hour) Personal fitness training ($18 per hour) Indirect operating costs Judy Tom Elizabeth $ 600 $1,100 $ 400 130 260 156 360 540...
-
Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $66,000 and $24,000, respectively. In addition to their salaries, they received interest of $390...
-
On January 1, the Matthews Band pays $67,400 for sound equipment. The band estimates it will use this equipment for five years and after five years it can sell the equipment for $2,000. Matthews Band...
Study smarter with the SolutionInn App