(b) Determine the mean and median rate of return for each sector. Which sector has the higher mean rate of return? Which sector has the higher median rate of return?
(b) Determine the mean and median rate of return for each sector. Which sector has the higher mean rate of return? Which sector has the higher median rate of return?
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter4: Writing Linear Equations
Section: Chapter Questions
Problem 14CR
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Question
Transcribed Image Text:Stocks may be categorized by sectors. The accompanying data represent the one-year rate of return (in percent) for a sample of consumer cyclical stocks and industrial stocks for a
12-month period. Note: Consumer cyclical stocks include restaurants and retailers. Industrial stocks include manufacturers and shipping companies. Complete parts (a) through (c) below.
E Click the icon to view the data.
(b) Determine the mean and median rate of return for each sector. Which sector has the higher mean rate of return? Which sector has the higher median rate of return?
Xconsumer cyclical =
Mconsumer cyclical =
IRound to throe derimal nlaras ae nooded
Transcribed Image Text:Cyclic Consumer
12.9
0.9
Full data set
Industrial
-29.3
47.2
5.9
49.5
-22
18.1
23.6
15.9
3.8
-1.3
-2.7
33.5
8.3
-8.9
9.1
-9.3
13.9
7.3
22.7
9.6
45.4
-6.5
- 18.8
-5.6
41.6
-3.5
0.6
29.3
15.7
-9.7
4.8
4.9
-5.9
32.9
27.2
4.5
11.6
11.3
4.3
34.8
16.7
- 22.3
2.9
- 27.8
43.2
7.1
- 12.9
13.6
39.5
-27.1
3.3
7.7
32.8
6.7
36.6
24.8
11.3
-0.9
222
-23
29.5
- 16.8
-3.9
16.3
66
26.5
11.4
0.1
20.5
72.8
26.8
27.9
222
2.6
-8.2
-9.5
10.2
- 15.2
7.3
-4.7
6.3
49.7
- 26.7
9.6
20.7
-4.5
16.1
3.7
21.9
23.1
16.7
8.9
-0.4
4.5
27.9
20.9
24
18.4
5.6
21.4
8.9
9.2
-6.7
4.8
- 3.3
-6.4
27.1
-9.3
36.2
-1.7
-0.4
44.7
15.2
51.2
-8.7
31.1
5.9
0.7
19.2
15.6
1.9
94
6.8
9.5
26.7
-7.2
-8.3
-6.3
73.4
5.9
- 16.2
18.7
87.5
- 10.4
-9.5
21.4
-2.9
-5.2
2.1
21.2
12.8
11.7
22.1
23.3
1.2
9.8
- 19.9
9.3
30.5
6.8
55.7
- 11.7
16.9
13.6
-3.6
3.2
2.8
-3.1
5.6
4.4
79.5
16.4
38.2
9.1
- 26.6
-9.8
8.9
6.4
26.4
67.6
-41.8
44.3
- 17.4
-2.8
5.1
14.3
-55
-6.9
11.7
-8.6
14.3
13.8
17.1
- 8.2
-0.9
-9.6
9.2
129.3
-3.3
27.1
28.7
- 39.8
36
4.4
28.3
-24.3
-4.4
17.7
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