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The market capitalization of a publicly traded company is calculated by multiplying the number of existing shares of stock for the company by the price

The market capitalization of a publicly traded company is calculated by multiplying the number of existing shares of stock for the company by the price per share. The table below displays the market capitalizations and the 2020 fiscal year revenues (both in $ billion) for the 30 companies that are included in a particular stock index. Use the data in this table to answer the following questions.

  • Stock Index Data

(a)Calculate the mean and standard deviation (in $ billion) for the market capitalizations for the 30 companies included in the stock index. (Round your answers to two decimal places.)mean $ billion standard deviation $ billionCalculate the mean and standard deviation (in $ billion) for the 2020 fiscal year revenues for the 30 companies included in the DJI. (Round your answers to two decimal places.)mean $ billion standard deviation $ billion(b)Calculate the coefficient of variation for the market capitalization and for the 2020 fiscal year revenue. Which variable has the higher coefficient of variation?Calculate the coefficient of variation (in percent) for the market capitalization. (Round your answer to the nearest integer.) %Calculate the coefficient of variation (in percent) for the 2020 fiscal year revenue. (Round your answer to the nearest integer.) %Which variable has the higher coefficient of variation?market capitalization2020 fiscal year revenue (c)Construct a boxplot for the market capitalization values. Are there any outliers for the market capitalization values?There is/are value(s) below the lower limit and value(s) above the upper limit.(d)Construct a boxplot for the 2020 fiscal year revenue values. Are there any outliers for the 2020 fiscal year revenue values?There is/are value(s) below the lower limit and value(s) above the upper limit.If so, are the companies that are outliers for 2020 fiscal year revenue values the same as the companies that are outliers for the market capitalization values?No. Only two companies are outliers for both market capitalization and 2020 fiscal year revenue.No. Only one company is an outlier for both market capitalization and 2020 fiscal year revenue. No. There are no companies that are outliers for both market capitalization and 2020 fiscal year revenue.Yes. The companies that are outliers for 2020 fiscal year revenue are the same as the companies that are outliers market capitalization.There are no outliers for 2020 fiscal year revenue.(e)Calculate the sample correlation coefficient for market capitalization and 2020 fiscal year revenues. (Round your answer to three decimal places.)What does this sample correlation coefficient value indicate about market capitalization and 2020 fiscal year revenues?For ---Select--- all publicly traded companies this sample of data , market capitalization and 2020 fiscal year revenue have ---Select--- a negative a positive no linear correlation.

Company Market Capitalization ($ billion) 2020 Fiscal Year Revenue ($ billion)
Company 1 103 31.2
Company 2 131 37.1
Company 3 125 24.4
Company 4 2,951 273.5
Company 5 120 59.2
Company 6 110 42.7
Company 7 229 95.5
Company 8 268 48.3
Company 9 254 34
Company 10 42 37.5
Company 11 129 45.6
Company 12 422 109.2
Company 13 143 31.6
Company 14 117 72.6
Company 15 209 76.9
Company 16 444 83.6
Company 17 467 118.5
Company 18 201 18.2
Company 19 193 49
Company 20 2,559 144
Company 21 265 38.4
Company 22 393 72
Company 23 253 16.1
Company 24 39 33
Company 25 468 254.6
Company 26 219 129.3
Company 27 457 20.8
Company 28 43 138.5
Company 29 390 523
Company 30 276 64.4

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