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 CD 5.36

 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 CD 5.36 5.32 5.30 5.31 5.25 Five-Year CD 5.96 5.89 5.84 5.83 5.79 The sample variance is (Round to five decimal places as needed.) The sample standard deviation is (Round to four decimal places as needed.) The range is a. For one-year CDs and five-year CDs Type an integer or a decimal. Do not round.) separately compute the sample variance, sample standard deviation range, and coefficient of variation The coefficient of variation is.% (Round to four decimal places as needed.) Now consider the data for five-year CDs The sample variance is (Round to five decimal places as needed.) b. Based on the results of (a), do one-year CDs or five-year CDs have more variation in the highest yields offered? Explain The sample standard deviation is (Round to four decimal places as needed.) The range is (Tvpe an integer or a decimal. Do not round.)

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