Question: The data below represent the nationwide highest yields for one-year CDs and five-year CDs. a. First consider the data for one-year CDs. One-Year Five-Year The

 The data below represent the nationwide highest yields for one-year CDs

The data below represent the nationwide highest yields for one-year CDs and five-year CDs. a. First consider the data for one-year CDs. One-Year Five-Year The variance is CD CD (Round to five decimal places as needed.) 5.35 5.96 5.31 5.89 5.29 5.84 5.31 5.84 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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