Stocks may be categorized by sectors. Go to www.pearsonhighered.com/sullivanstats to obtain the data file 11_4_21 using the
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Stocks may be categorized by sectors. Go to www.pearsonhighered.com/sullivanstats to obtain the data file 11_4_21 using the file format of your choice for the version of the text you are using. The data represent the one-year rate of return (in percent) for a sample of consumer cyclical stocks and industrial stocks for the period December 2013 through November 2014. Note: Consumer cyclical stocks include names such as Starbucks and Home Depot. Industrial stocks include names such as 3M and FedEx. In Section 11.3, we learned that industrial stocks appear to have a higher mean rate of return. Does this suggest that industrial stocks are riskier as measured by the standard deviation rate of return?
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Thenormal probability plots suggest that the data are approxim...View the full answer
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