Question: Complete Answer please Standard Deviation CV = - x 100 Mean You are thinking about investing money in the stock market and have narrowed your

Complete Answer please

Complete Answer please Standard Deviation CV = - x 100 Mean You

Standard Deviation CV = - x 100 Mean You are thinking about investing money in the stock market and have narrowed your choices to one of two stocks: TD Bank or Cenovas Energy. For TD Bank you have the following statistics: . Mean monthly closing price: $75.00 . Sample standard deviation: $6.00 The monthly closing stock prices of Cenovas Energy for the last eight months is shown below: Closing Stock Price: ($) 14.00 14.50 11.00 13.00 13.75 11.00 8.75 10.00 (a) Calculate the mean stock price of Cenovas Energy. [2 marks] ANSWER: (b) Calculate the standard deviation for the sample prices of Cenovas Energy. [2 marks] ANSWER: (c) What is the median stock price for Cenovas Energy? [2 marks] ANSWER: (d) What is the range in Cenovas Energy's stock price? [2 mark] ANSWER: (e) Calculate the coefficient of variation for each stock. [2 marks] TD Bank: Cenovas Energy: (f) Which stock is riskier? Use one of the 5 measures above. Explain why it is most appropriate. [2 marks]

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