A newsletter for investors recently reported that the average stock price for a blue chip stock over

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A newsletter for investors recently reported that the average stock price for a blue chip stock over the past 12 months was $72. No standard deviation was given. Is the standard deviation more likely to be $6, $16, or $60? Explain.

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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Question Posted: May 14, 2015 06:58 AM

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A newsletter for investors recently reported that the average stock price for a blue chip stock over

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The standard deviation should be 6 A workable standard deviation would cover most of that rang...View the full answer

Business Statistics

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