If for a given week, the DJIA (Dow Jones Industrial Average) had a mean daily closing price of 9,834.77 with a standard deviation of 154.23, and the Chomp Chomp Chewing COmpany (CCCC) had a mean daily closing price of 245.66 with a standard deviation of 2.3, did the CCCC have more or less volatility than the DJIA during the week?

Question

amistre64 · Answer

i wanna assume that the further the spread of the sd, the calmer the waters become.

anonymous · Answer

volatility  is mean

anonymous · Answer

i think lol

amistre64 · Answer

id have to reread up some stuff to refresh my memory to be sure :)

anonymous · Answer

lol ok thanks

amistre64 · Answer

" You can just think of standard deviation as being synonymous with volatility" .... i believe this means that its a 1 to 1 comparison

amistre64 · Answer

the bigger the sd, the higher the volitilty

amistre64 · Answer

since CCCC has a smaller sd, they have less volitility

anonymous · Answer

ooo ok ok thanks  i appreciate it

amistre64 · Answer

yw :)

anonymous · Answer

can u help me with another one

anonymous · Answer

Mike and Bill play a game whereby MIke pays bill $1 for the privilege to throw a die on a table and if the side facing up is a 6 then Bill pays mike $A, or otherwise pays Mike nothing. Determine the value of A if the game is to be fair(in the very long run,after many throws of die, neither Mike nor bill hass won or loss a net amount).