THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 306

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A recent survey asked respondents about their monthly purchases of raffle tickets.The monthly expenditures,in dollars,of ten people who play the raffle are 23,15,11,20,28,35,13,10,20,and 24.
-Over the past 10 years,the return on Stock A has averaged 8.4% with a standard deviation of 2.1%.The return on Stock B has averaged 3.6% with a standard deviation of 0.9%.Which of the following statements is true?

• A)Stock A has smaller relative variation than Stock B.
• B)Stock B has smaller relative variation than Stock A.
• C)Both stocks exhibit the same relative variation.
• D)Unable to tell with the given information.

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Definitions:

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.

Organizational Development

Organizational development is a field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.

Questionnaires

Structured sets of questions designed to gather information, opinions, or feedback from individuals.

Asian-Americans

Individuals of Asian descent living in the United States, encompassing a wide range of cultures, languages, and backgrounds.