Asked by Sigma
A stock analyst is comparing the interquartile range of the day’s stock prices of Stock A and Stock B. Stock A has an interquartile range of 3, and Stock B has an interquartile range of 11. What interpretation can be made from the interquartile range of each stock?(1 point)
The stock price for Stock B is higher than the price for Stock A.
Stock B has more variability than Stock A.
The price of Stock B is higher than the price of Stock A by 7.
Stock A has more variability than Stock B.
All Answers 1
Answered by
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Stock B has more variability than Stock A.
Reason: the interquartile range measures spread (variability) of the middle 50% of data, and 11 > 3 means Stock B's middle 50% is more spread out.
Reason: the interquartile range measures spread (variability) of the middle 50% of data, and 11 > 3 means Stock B's middle 50% is more spread out.
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