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Compare the standard deviations of the two cars and write a short essay as to which car, if this history is a good predictor of
Compare the standard deviations of the two cars and write a short essay as to which car, if this history is a good predictor of future performance next year, is riskier in terms of per-unit sales. You may use Excel.
Year | Sold CAR #1 |
2014 | 18,647 |
2015 | 24,002 |
2016 | 26,802 |
2017 | 29,952 |
2018 | 14,427 |
2019 | 20,303 |
2020 | 11,558 |
2021 | 158,774 |
Year | Sold CAR #2 |
2014 | 99 |
2015 | 2,727 |
2016 | 21,602 |
2017 | 27,252 |
2018 | 19,602 |
2019 | 26,102 |
2020 | 7,307 |
2021 | 14,573 |
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