Home / Expert Answers / Statistics and Probability / rose-is-looking-into-investing-a-portion-of-her-recent-bonus-into-the-stock-market-while-researchin-pa153

(Solved): Rose is looking into investing a portion of her recent bonus into the stock market. While researchin ...



Rose is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she discovers the following standard deviations of one year of daily stock closing prices. Eye Remember Enterprises: Standard deviation of stock prices

=$9.85

The Azure Travel Company: Standard deviation of stock prices

=$1.12

Based on the data and assuming these trends continue, which company would give Rose a stable long-term investment? Answer 2 Points Keyboard Shortcuts The Azure Travel Company; the smaller standard deviation indicates that The Azure Travel Company has a greater mean closing price than Eye Remember Enterprises. The Azure Travel Company; the smaller standard deviation indicates that The Azure Travel Company has less variability in its closing prices than Eye Remember Enterprises. Eye Remember Enterprises; the larger standard deviation indicates that Eye Remember Enterprises has a greater mean closing price than The Azure Travel Company. Eye Remember Enterprises; the larger standard deviation indicates that Eye Remember Enterprises has less variability in its closing prices than The Azure Travel Company.



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe