Is there a difference in the variation of the yields ofdifferent types of investments? The file containsthe yields for a one-year certificate of deposit (CD) and afive-year certificate of deposit (CD), for 23 banks in theUnited States, as of April 4, 2011.
a. For one-year and five-year CDs, separately compute thevariance, standard deviation, range, and coefficient ofvariation.b. Based on the results of (a), do one-year or five-year CDshave more variation in the yields offered? Explain.
a. For one-year and five-year CDs, separately compute thevariance, standard deviation, range, and coefficient ofvariation.b. Based on the results of (a), do one-year or five-year CDshave more variation in the yields offered? Explain.
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