Year
Growth Value
2012
2.56
0.09
Growth Value
2013
-48.32
-15.97
2014
36.29
19.58 Mean
5.399
Mean
10.95
2015
6.96
14.28 Standard E
7.83826177584461
Standard E
5.54202850949
2016
1.71
1.00 Median
10.065
Median
14.115
2017
16.89
38 Mode
#N/A
Mode
#N/A
2018
32.16
32.85 Standard D
24.7867601083051
Standard D
17.5254329475765
2019
13.47
13.95 Sample Var
614.383476666667
Sample Var
307.1408
2020
13.17
-11.03 Kurtosis
1.59014267635817
Kurtosis
-0.74261046148389
2021
-20.9
16.75 Skewness
-1.1137880222212
Skewness
-0.030850923956901
Range
84.61
Range
53.97
Minimum
-48.32
Minimum
-15.97
Maximum
36.29
Maximum
38
Sum
53.99
Sum
109.5
Count
10
Count
10
Nathaniel Walker 300391541
What are descriptive statistics? identify and list them Growth- For the Growth Fund, the mean is 5.399, standard error is 7.838, median is 10.065, mode is #N/A, standard deviation is 24.787, sample variance is 614.383, kurtosis is 1.590, skewness is -1.114, range is 84.61, minimum is -
48.32, maximum is 36.29, sum is 53.99, and count is 10.
For the Value Fund, the mean is 10.95, standard error is 5.542, median is 14.115, mode is #N/A, standard deviation is 17.525, sample variance is 307.141, kurtosis is -0.743, skewness is -0.031, range is 53.97, minimum is -15.97, maximum is 38, sum is 109.5, and count is 10.
Describe the differences between the descriptive statistics for the Growth and Value Funds. The Growth Fund has a mean of 5.399, standard error of 7.838, median of 10.065, mode N/A, standard deviation of 24.787, sample variance of 614.383, kurtosis of 1.590, skewness of -1.114, range of 84.61, minimum of -48.32, maximum of 36.29, sum of 53.99, and a count of 10.
For the Value Fund, the mean is 10.95, standard error is 5.542, median is 14.115, mode N/A, standard deviation is 17.525, sample variance is 307.141, kurtosis is -0.743, skewness is -0.031, range is 53.97, minimum is -15.97, maximum is 38, sum is 109.5, and count is 10.
Define the Coefficient of Variation (CV) and give the formula in words or symbols ( Hint review PowerPoint section 3.4 or read section 3.4 in your e-book) CV
=(Standard Deviation/Mean)×100
Calculate the CV for both funds. Which fund will be the best to invest in based on the CV? CVGrowth=(24.79/5.399)×100≈459.46 CVValue=(17.53/10.95)×100≈159.72; Value Fund