please answer question 8.2 8.2 Figure 8.13 is a scatter diagram of the annual ra
ID: 3226857 • Letter: P
Question
please answer question 8.2
8.2 Figure 8.13 is a scatter diagram of the annual rates of return on Apple and Microsoft stock during the years 1998–2008:
a. What was the highest annual return for Apple?
b. What was the lowest annual return for Microsoft?
c. Was the average annual return higher for Apple or for Microsoft?
d. Was there a greater dispersion in Apple or Microsoft returns?
e. Were Apple and Microsoft stock returns positively related, negatively related, or unrelated?
Explanation / Answer
From the scatter diagram
a)The highest annual return for Apple is 210
b)The lowest annual return for Microsoft is -70
c) The average annual return higher for Apple
d) APPLE
e) Apple and Microsoft stock returns positively related
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