Use the Table Below to Answer the Following Question(s)

question 17

Multiple Choice

Use the table below to answer the following question(s) .
Below is a spreadsheet for a situation in which a day trader wants to decide on investing $200 in one of the index funds. Answer the following questions using PHStat.
-What is the standard deviation of the X index fund?

• A)3.07
• B)2.79
• C)3.27
• D)2.69

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Definitions:

Specific Identification Formula

A method used in inventory accounting that tracks the cost of specific items purchased and sold.

Low-Unit-Cost Items

Items or inventory that individually have a low value or cost but may collectively represent a significant value.

Inventory Cost Formula

An equation used to calculate the cost of ending inventory, taking into account the cost of goods sold, purchases, and beginning inventory, enabling accurate financial reporting and analysis.

Inventory Cost Formula

A method utilized for valuing the cost of goods sold and ending inventory, often using techniques such as First-In, First-Out (FIFO) or Last-In, First-Out (LIFO).