You decide to invest in stock in a

Answered question

2022-04-28

You decide to invest in stock in a particular type of company and set the guideline that you will only buy stock in companies that are ranked in the 80th percentile or above in term of dividends paid in the previous year. You are looking at a company that ranked 24 of 89 companies that paid dividends in 2019.
a. Will this company qualify for your portfolio?
b. If you had the data on the total dividends paid by each of the 89 companies, what would the mean and the median each tell you and how would you compute each measure?

Answer & Explanation

user_27qwe

user_27qwe

Skilled2022-07-02Added 375 answers

it means = [100-2489×100]thpercentile

                  =100-0.2696629×100

                  =100-26.96629

                  =73.03371

a) no, cause it doesn't meet the required condition

b) if i had the data on the total dividendy paid by each of the 89 companies then midrange will be meaningful cause midrange value given the mean of the langet and smallest values in a sample. After finding midrange we can discard the lower value and we will see those companies which divided in more than midrange.

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