## Related questions with answers

Performance of stock screeners. Investment companies provide their clients with automated tools-called stock screeners to help them select a portfolio of stocks to invest in. The American Association of Individual Investors (AAII) provides statistics on stock screeners at its Web site, www.aaii.com. The next table lists the annualized percentage return on investment (as compared to the Standard & Poor's 500 Index) for 13 randomly selected stock screeners. (Note: A negative annualized return reflects a stock portfolio that performed worse than the S&P 500.) Compute the median for the data set. Interpret its value.

$\begin{array}{lllllllllllll}9.0 & -.1 & -1.6 & 14.6 & 16.0 & 7.7 & 19.9 & 9.8 & 3.2 & 24.8 & 17.6 & 10.7 & 9.1\end{array}$

Solution

VerifiedA following table provides average mean and median for both the random selection $13$ stock displays also for estimated cumulative percent on that investment return:

$\begin{array}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \text{Given} : & 9.0 & -0.1 & -1.16 & 14.6 & 16.0 & 7.7 & 19.9 & 9.8 & 3.2 & 24.8 & 17.6 & 10.7 & 9.1 \\ \hline \end{array}$

**NOTE:** The measurements of $n$ is equal to $13$, from the given table above.

## Create a free account to view solutions

## Create a free account to view solutions

## Recommended textbook solutions

#### Statistics for Business and Economics

13th Edition•ISBN: 9780134446332 (1 more)James T. McClave, P. George Benson, Terry T Sincich#### Statistics for Business and Economics

12th Edition•ISBN: 9781133274537 (12 more)David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams#### Essentials of Modern Business Statistics with Microsoft Office Excel

7th Edition•ISBN: 9781337298292David Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams#### Statistics for Business and Economics

14th Edition•ISBN: 9781337901062 (1 more)David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams## More related questions

1/4

1/7