Question: General Electric (GE) is one of the world s largest companies; it develops, manufactures, and markets a wide range of products, including medical diagnostic imaging devices, jet engines, lighting products, and chemicals. Through its affiliate, NBC Universal, GE produces and delivers network television and motion pictures. In 2004, GE s stock price rose 20.6%, but in 2005, the price dropped 1.4%
a. Compute the geometric mean rate of increase for the two-year period 2004 2005.
b. If you purchased $1,000 of GE stock at the start of 2004, what was its value at the end of 2005?
c. Compare the result of (b) to that of Problem.
Problem: Compute the variance, standard deviation, range, interquartile range, and coefficient of variation. Are there any outliers? Explain.