Calculate the skewness coefficient for the data given in question 42.

The following information is for questions 44–52. The following table gives the current ratio and inventory turnover for Chrysler, Ford, GM, and the auto industry from 1969 to 1990:

Question 42

You are given the following information about two stocks:

(a) Calculate the mean and standard deviation for each stock.

(b) Compare the mean, standard deviation, and coefficient of variation of each stock. Is the coefficient of variation or the standard deviation a better measure of risk here?

(c) If you could buy only one stock, which would you choose?

Transcribed Image Text:

Year 69 70 71 Chrys 1.32 1.40 1.46 Current ratio Ford 1.37 1.33 1.39 GM 2.30 1.93 1.76 Indus 1.66 1.55 1.54