Question

The price increases on 5 stocks were $7, $8, $4, $1 and $5. The standard deviation...

The price increases on 5 stocks were $7, $8, $4, $1 and $5. The standard deviation for these price increases is

a. 2.3

b. 2.7

c. 3.2

d. 4.1

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Answer #1

Correct option:

b.    2.7

EXPLANATION:

Mean () is given by:

x x - (x - )2
7 2 4
8 3 9
4 - 1 1
1 - 4 16
5 0 0
Total = 30

Variance (s2) is given by:

Standard deviation =s =

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