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A small independent stock broker has created four the sector portfolios for her clients. Each portfolio always has five stocks that may change from year to year. The volatility (coefficient of variation) of each stock is recorded for each year. Stock Portfolio Type Health Energy Retail Leisure 2004 14.5 23 19.4 17.6 18.4 19.9 20.7 18.1 13.7 24.5 18.5 16.1 15.9 24.2 15.5 23.2 16.2 19.4 17.7 17.6 2005 21.6 22.1 21.4 25.5 25.6 31.6 26.5 24.1 21.4 22.4 21.5 25.9 26.6 31.3 22.8 25.5 19.0 32.5 27.4 26.3 2006 12.6 12.8 22.0 12.9 13.5 14.4 17.1 11.1 13.5 13.1 24.8 4.9 13.0 8.1 13.4 13.3 13.6 14.7 22.2 12.7 Use the output below to answer this question: Is there a significant difference (alpha=0.05) among the stock portfolio types in their average volatility indexes? a) Yes b) NoA small independent stock broker has created four the sector portfolios for her clients. Each portfolio always has five stocks that may change from year to year. The volatility (coefficient of variation) of each stock is recorded for each year. Stock Portfolio Type Health Energy Retail Leisure 2004 14.5 23 19.4 17.6 18.4 19.9 20.7 18.1 13.7 24.5 18.5 16.1 15.9 24.2 15.5 23.2 16.2 19.4 17.7 17.6 2005 21.6 22.1 21.4 25.5 25.6 31.6 26.5 24.1 21.4 22.4 21.5 25.9 26.6 31.3 22.8 25.5 19.0 32.5 27.4 26.3 2006 12.6 12.8 22.0 12.9 13.5 14.4 17.1 11.1 13.5 13.1 24.8 4.9 13.0 8.1 13.4 13.3 13.6 14.7 22.2 12.7 Use the output below to answer this question: Is there an interaction effect (alpha=0.05) in at least one of the Year levels (2004, 2005, 2006), and Stock Portfolio Type (Health, Energy, Retail, and Leisure)? a) Yes b) NoA small independent stock broker has created four the sector portfolios for her clients. Each portfolio always has five stocks that may change from year to year. The volatility (coefficient of variation) of each stock is recorded for each year. Stock Portfolio Type Health Energy Retail Leisure 2004 14.5 23 19.4 17.6 18.4 19.9 20.7 18.1 13.7 24.5 18.5 16.1 15.9 24.2 15.5 23.2 16.2 19.4 17.7 17.6 2005 21.6 22.1 21.4 25.5 25.6 31.6 26.5 24.1 21.4 22.4 21.5 25.9 26.6 31.3 22.8 25.5 19.0 32.5 27.4 26.3 2006 12.6 12.8 22.0 12.9 13.5 14.4 17.1 11.1 13.5 13.1 24.8 4.9 13.0 8.1 13.4 13.3 13.6 14.7 22.2 12.7 Use the output below to answer this question: In 2006, which stock type was the most volatile? a) Health b) Energy c) Retail d) LeisureA small independent stock broker has created four the sector portfolios for her clients.Each portfolio always has five stocks that may change from year to year. The volatility (coefficient of variation) of each stock is recorded for each year. Stock Portfolio Type Health Energy Retail Leisure 2004 14.5 23 19.4 17.6 18.4 19.9 20.7 18.1 13.7 24.5 18.5 16.1 15.9 24.2 15.5 23.2 16.2 19.4 17.7 17.6 2005 21.6 22.1 21.4 25.5 25.6 31.6 26.5 24.1 21.4 22.4 21.5 25.9 26.6 31.3 22.8 25.5 19.0 32.5 27.4 26.3 2006 12.6 12.8 22.0 12.9 13.5 14.4 17.1 11.1 13.5 13.1 24.8 4.9 13.0 8.1 13.4 13.3 13.6 14.7 22.2 12.7 For a 0.05 significance level, in which of the following years was the average volatility index the largest? a) 2004 b) 2005 c) 2006