For the Data on Total Assets ($ Billion) for a Small

question 28

Essay

For the data on total assets ($ billion) for a small sample of U.S. banks provided in the
previous question:
A. Calculate the mean.
b. Calculate the standard deviation.
c. Standardize the asset value of State Street Bank and Trust (find the z score). Interpret
its meaning.

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Definitions:

Association

A group of people or organizations that come together for a common purpose or to share interests.

Business

Organized efforts by individuals or entities to produce and sell goods and services for profit.