Compute the mean, median, variance, standard deviation


Estimate mean, median, variance and standard deviation

Financial planners often recommend international mutual funds to improve the overall performance  of an investor's portfolio. The year's performance figures for U.S stock funds and for international stock are as follows, in percentages.

Year

U.S. Stock Funds (X)

International Stock Funds

1983

21.77

27.73

1984

-1.2

-4.71

1985

28.52

44.44

1986

14.53

41.4

1987

1.17

7.02

1988

15.75

17.43

1989

25.09

21.98

1990

-6.11

-12.07

1991

36.67

12.51

1992

9.11

-4.48

1993

9.17

25.65

a)      Compute the mean, median, variance, standard deviation

b)      Using part (a), explain to an investor the differences between the distributions of the performance figures for the two types of stock funds.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Compute the mean, median, variance, standard deviation
Reference No:- TGS018135

Expected delivery within 24 Hours