Question: The data below represent the nationwide highest yields for one-year CDs and five-year CDs. One-Year CD Five-Year CD 5.36 5.94 5.30 5.89 5.31 5.84 5.30

The data below represent the nationwide highest yields for one-year CDs and five-year CDs. One-Year CD Five-Year CD 5.36 5.94 5.30 5.89 5.31 5.84 5.30 5.82 5.26 5.80 a. For one-year CDs 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 highest yields offered? Explain

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