Average Insurance Costs

Question 1

Please respond to one (1) of the following two (2) bulleted items:

• From the activity, the table shows Average Insurance Costs by State. Select two (2)states that are of interest to you. Next, speculate on three (3) possible reasons why the states you have chosen would have a difference in average insurance costs.
• From the activity, select ten (10) states and calculate the mean and standard deviation for average insurance costs. Next, calculate the mean and standard deviation for average insurance costs for all 51 states (including Washington, D.C.). Compare and contrast the means and standard deviations for the ten (10) states you selected and all 51 states.

Question 2

Analyze measures of variation: range, variance, standard deviation, and coefficient of variation.

300 words with APA reference please

Question 3

You have been given $5000 to invest in any stock on any stock exchange. Select any stock from any exchange. Using ten different stock prices over the past month, calculate the mean price of the stock, the range of the ten stock prices, and the standard deviation.

Because the standard deviation is a measure of variation, based on the standard deviation explain why or why not you would invest in this particular stock.