The Annual Returns (In Percent) for a Sample of Stocks

question 92

Multiple Choice

The annual returns (in percent) for a sample of stocks in the technology industry over the past year are as follows: (See the Excel Data File.) The sample standard deviation is the closest to ________.

• A) 7.59
• B) 8.49
• C) 57.61
• D) 72.01

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Definitions:

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment, poverty, and deflation.

Laffer Curve

A curve illustrating the relationship between the tax rate and tax revenues. Tax revenues will be low at both very high and very low tax rates. When tax rates are quite high, lowering them can increase tax revenue.

Tax Revenues

The income that is gained by governments through taxation.

Marginal Tax Rates

The rate of tax that applies to the next dollar of taxable income above a pre-determined threshold.