The Mean Return on Equity (ROE) for a Group of Firms

question 97

Multiple Choice

The mean return on equity (ROE) for a group of firms in an industry is 15% with a variance of 9%. The coefficient of variation of the industry's ROE is ________.

• A) 0.2
• B) 0.6
• C) 1.7
• D) 5.0

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Definitions:

Attendance Record

Documentation or tracking of presence or absence of individuals from events, classes, meetings, or workplaces, often used for administrative, legal, or operational purposes.

Semi-automatic

Refers to a machine or process that requires partial human intervention amongst automated mechanisms.

Idiom

A phrase or expression that has a figurative meaning different from its literal meaning, often cultural in nature.

Speaking Out of Turn

Refers to the act of speaking when it is not one's turn, often considered impolite or disrupting in conversations and meetings.