Project B: Where Would You Invest Your Money?
Let's look at several sets of stock prices. The following prices were obtained from historical records from and are listed in dollars per share.
tableStock PricesCocaCola KFacebook FBGeneral Electric GE QSource: Yahool Finance. httpofinance yahoo. com Apni.
Find the mean of each set of stock prices.
Find the median of each set of stock prices.
Calculate the variance and standard deviation of each set of stock prices.
If you have $ to invest, what stock would you buy under the following circumstances? Justify your reasoning.
a You are nearing retirement and need a stable investment for the future.
b You are a wealthy entrepreneur hoping to make a large profit in a short amount of time.