$$\text { TABLE 3-7 }$$ Given Below Is the Frequency Distribution of the 12-Month Rate

question 21

Short Answer

$$\text { TABLE 3-7 }$$ Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
$\begin{array}{cc}\hline \begin{array}{c}\text { 12- month Rate of Return} \\\end{array} & \text { Number of Funds } \\\hline-0.10 \text { but less th an } 0.0 & 3 \\0.0 \text { but less th an } 0.1 & 5 \\0.1 \text { but less th } 0.2 & 6 \\0.2 \text { but less th } 0.3 & 10 \\0.3 \text { but less than } 0.4 & 6 \\\hline\end{array}$

-Referring to Table 3-7, what is the approximate standard deviation?

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Definitions:

Balance Sheet

A ledger entry that captures the financial position of a business, enumerating assets, liabilities, and the stake of shareholders at an exact moment.

Original Investments

The initial amount of money or value of assets put into a business or project by its founders or investors.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operating costs, from its total revenues.

Salary Allowances

Benefits or extra compensation provided to employees on top of their regular salary, often for specific purposes such as transportation, housing, or meals.