SOLUTION: The rates of return of an investment portfolio over the past 5 years are: 4.4%, 6.2%, 5.9%,8.2%,7.3% what is the range of the rate of return? Solution: If range is the differe

Question 1051614: The rates of return of an investment portfolio over the past 5 years are: 4.4%, 6.2%, 5.9%,8.2%,7.3%
what is the range of the rate of return?
Solution:
If range is the difference between the lartest and smallest values in a data set
range: 7.3-4.4 = 2.9%
Hello Tutor, please is my answer right ?
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
No. You have a higher value in the range with 8.2%. Thus, your true range is:
8.2-4.4, or 3.8%. ☺☺☺☺
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