drop down 1 options: maximum, minimum, average, most common, middle

drop down 2 options: 9, 4, 5, 8, 6, 7

drop down 3 options: 6.5%, 6.0%, 7.0%, 5.5%, 7.5%, 5.0%

drop down 4 options: residuals, outliers, errors

drop down 5 options: yes, no

An investor is considering a stock with the following returns over the past 12 years: Year Annual Return 1 8% 2 12 3 14 4 8 5 6 6 6 7 9 8 No 5 9 5 10 4 11 12 Median observation in a data set. The median tells us that haif the data set lies above the median and the The median indicates the other half lies below it. If you list all your observations in numerical order, the median would be the middle observation. For data sets with an odd number of observations, identifying the median is easy. However, for data sets with an even number of items, there is no "middle." In that case, you average the two middle observations to find the median. Now, present the stock return data in ascending order: 4%, 5%, 5%, 6%, 6%, 6%, 7%, 8%, 8%, 9%, 12%, 14% This data set has 12 observations, so average observations 6 and to find the median, which is When the median and mean are similar, you can conclude that the data is relatively symmetrical. Depending on the distribution's shape, the data may be normally or uniformly distributed. However, if the median is significantly less than or greater than the mean, that suggests that several extremely high or low observations, called must be affecting the results, and that the distribution is skewed. Are there any outliers in this sample of data