Question
The investment analyst from Citi-Investment Group posted the following returns for LGI stock over ten years. -7%; -3%; 1.5%; 2.2%; 3%; 4.8%; 5%; 5.1%; 6%;
The investment analyst from Citi-Investment Group posted the following returns for LGI stock over ten years. -7%; -3%; 1.5%; 2.2%; 3%; 4.8%; 5%; 5.1%; 6%; 6.7% a) What is the 71st quartile of LGI's return? (3 Marks) b) What is the geometric mean of the returns? (3 Marks) c) What is the mean return? (2 Marks)
I need typed answer with explanation
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Contemporary Business Mathematics With Canadian Applications
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
12th Edition
0135285011, 978-0135285015
