The variation of yields of different types of investments

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Is there a difference in the variation of the yields of different types of investments? The file contains the yields for one-year certificates of deposit (CDs) and five-year CDs for 24 banks in the United States, as of June 21, 2012.

a. For one-year and five-year CDs, separately compute the variance, standard deviation, range, and coefficient of variation.

b. Based on the results of (a), do one-year CDs or fiveyear CDs have more variation in the yields offered? Explain.

Reference no: EM131328864

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