Question

CV =

Standard Deviation

Mean

Å~ 100

You are thinking about investing money in the stock market and have narrowed your choices to

one of two stocks: TD Bank or Cenovas Energy. For TD Bank you have the following statistics:

• Mean monthly closing price: $75.00 • Sample standard deviation: $6.00

The monthly closing stock prices of Cenovas Energy for the last eight months is shown below:

Closing Stock Price: ($) 14.00 14.50 11.00 13.00 13.75 11.00 8.75 10.00

(a) Calculate the mean stock price of Cenovas Energy. [2 marks]

ANSWER:_____________________

(b) Calculate the standard deviation for the sample prices of Cenovas Energy. [2 marks]

ANSWER:_____________________

(c) What is the median stock price for Cenovas Energy?

Answer 1

Answer:-

S.No.	Stock price ( xi)	(xi - xbar)2
1	14.00	4
2	14.50	6.25
3	11.00	1
4	13.00	1
5	13.75	3.0625
6	11.00	1
7	8.75	10.5625
8	10.00	4
Total	96	30.875