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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Is there a difference in the variation of the yields of different types of investments between banks? The data in the file bankyield.xls represents the nationwide highest yields for money market accounts and one-year CDs as of January 24, 2006:

a. For money market accounts and one-year CDs, separately compute the variance, standard deviation, range, interquartile range, and coefficient of variation.
b. Based on the results of (a), do money market accounts or one-year CDs have more variation in the highest yields offered? Explain.
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