The Following Table Shows Total Assets ($ Billion) for a Small

question 12

Multiple Choice

The following table shows total assets ($ billion) for a small sample of U.S. banks. $$\begin{array} { | l | l | } \hline \ { \boldsymbol { B A N K } } & \boldsymbol { A S S E T S } \text { (\$ billion) } \\\hline \text { Bank of New York } & 88 \\\hline \text { Regions Financial } & 80 \\\hline \text { Fifth Third Bank } & 58 \\\hline \text { State Street Bank and Trust } & 92 \\\hline \text { Branch Banking and Trust Company } & 81 \\\hline \text { Chase Bank } & 70 \\\hline \text { Key Bank } & 89 \\\hline \text { PNC Bank } & 84 \\\hline\end{array}$$ The standard deviation for these data is

• A) $12.78 billion.
• B) $ 11.27 billion.
• C) $ 127.01 billion.
• D) $ 21.67 billion.
• E) $ 34 billion.

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Definitions:

Lump Sum Transfer

A one-time payment of money or resources, usually not expected to be repaid.

Budget Line

A graphical representation showing all possible combinations of two goods that can be purchased at given prices and income level.

Government Housing Assistance

Programs offered by the government to provide affordable housing or financial aid to individuals and families in need.

Budget Line

A visual depiction of every potential mix of two products that a buyer is capable of purchasing based on their budget and the product prices.