You are thinking about investing money in the stock market and have narrowed your choices to one of two stocks: TD Bank or Cenovas Energy. For TD Bank you have the following statistics:

Mean monthly closing price: $75.00 Sample standard deviation: $6.00

The monthly closing stock prices of Cenovas Energy for the last eight months is shown below:

Closing Stock Price:($) 14.0014.5011.0013.0013.7511.008.7510.00

1. Calculate the mean stock price of Cenovas Energy.
2. Calculate the standard deviation for the sample prices of Cenovas Energy.
3. What is the median stock price for Cenovas Energy?
4. What is the range in Cenovas Energy's stock price?
5. Calculate the coefficient of variation for each stock.TD Bank:Cenovas Energy:
6. Which stock is riskier?Use one of the 5 measures above.Explain why it is most appropriate.