Year Quarters Stock % 2012 1 29.8 2012 2 31 2012 3
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 9E
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Question
The percentage of individual investors’ portfolios committed to stock depends on the state of the economy. As of April 2014, a typical portfolio consisted of cash (19%), stocks (30%), stock funds (37%), bonds (8%) and bond funds (6%). The following table reports the percentage of stocks in a typical portfolio in eight quarters of 2012 to 2013.
Year | Quarters | Stock % |
2012 | 1 | 29.8 |
2012 | 2 | 31 |
2012 | 3 | 29.9 |
2012 | 4 | 30.1 |
2013 | 1 | 32.2 |
2013 | 2 | 31.5 |
2013 | 3 | 32 |
2013 | 4 | 31.9 |
In the first quarter of 2013 the seasonal index of approximately………………. means that values of the time series are …………… by the presence of seasonal forces.
A. 100.8416, depressed
B. 96.8555, stimulated
C. 99.1586, depressed
D. 103.2465, stimulated
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