Question: Is there a difference in the variation of the yields of different types of investments? The file CD Rate contains the yields for one-year certificates
Is there a difference in the variation of the yields of different types of investments? The file CD Rate contains the yields for one-year certificates of deposit (CDs) and five-year CDs for 24 banks in the United States, as of June 21, 2012. Source: Data extracted from www.Bankrate.com, June 21, 2012.
a. For one-year and five-year CDs, separately compute the variance, standard deviation, range, and coefficient of variation.
b. Based on the results of (a), do one-year CDs or five-year CDs have more variation in the yields offered? Explain.
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a OneYear FiveYear Mean 0684167 1472083 Median 08 158 Mode 09 ... View full answer
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