Florida Company (FC)and Minnesota Company (MC)are Both Service Companies

question 33

Multiple Choice

Florida Company (FC) and Minnesota Company (MC) are both service companies. Their stock returns for the past three years were as follows: FC: −5 percent, 15 percent, 20 percent; MC: 8 percent, 8 percent, 20 percent.
Calculate the variances of returns for FC and MC. (Ignore the correction for the loss of a degree of freedom set out in the text.)

• A)FC: 100.00; MC: 256.00
• B)FC: 350.00; MC: 96.00
• C)FC: 116.67; MC: 32.00
• D)FC: 48.00; MC: 175.00

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Definitions:

Spermatogenesis

The process of sperm cell development, occurring in the testes of males.

Spermatocytes

Cells in the testes that undergo meiosis to produce sperm.

Spermatids

Immature male sex cells that result from the division of secondary spermatocytes and will eventually develop into mature sperm.

Chromosome Number

The chromosome number is the total count of chromosomes within the nucleus of a cell, characteristic for each species and fundamental for genetic inheritance.