During a 5-week period in 2007, the stock of an insurance company and the stock of a small tech company showed the following weekly percentage changes. Company Weekly Price Change (%) Insurance Stock -0.4 -1.4 0.5 -1.5 -0.7 Tech Stock -2.5 -2.3 1.3 4.4 -1.7 Find the variance of the weekly price changes of each. (Round your answers to four decimal places.) insurance stock     tech stock

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.3: Applications: Growth And Decay
Problem 16E
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During a 5-week period in 2007, the stock of an insurance company and the stock of a small tech company showed the following weekly percentage changes.

Company Weekly Price Change (%)
Insurance Stock -0.4 -1.4 0.5 -1.5 -0.7
Tech Stock -2.5 -2.3 1.3 4.4 -1.7


Find the variance of the weekly price changes of each. (Round your answers to four decimal places.)

insurance stock    
tech stock    

Relate the two variances found to the riskiness of the two stocks.

- No statement about the riskiness of these stocks can be made.
- The two stocks have the same riskiness.   
- The insurance stock is riskier.
 - The tech stock is riskier.
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