Question

Stocks can be categorized by industry. The following data represent the​ 5-year rates of return for a simple random sample of financial stocks and energy stocks. Full data set Financial Stocks 16.61 11.71 9.11 14.96 49.45 14.99 44.56 9.69 8.49 29.59 43.14 12.02 44.55 23.06 48.02 14.99 9.09 19.86 26.36 8.92 Energy Stocks 15.83 18.03 23.01 19.43 23.09 9.99 19.12 6.84 18.39 8.95 8.52 29.75 16.47 9.82 28.27 26.22 21.14 8.04 22.36 18.46 ​(a) Compute the mean and median rate of return for each industry. Which sector has the higher mean rate of​ return? Which sector has the higher median rate of​ return?

Answer 1