A random variable, X, has a mean of 12 and a standard deviation of 14. If another variable, Y, is defined by Y = 2X - 3, the coefficient of variation of Y is ________.

• A.0.75
• B.1.33
• C.1.19

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A flag pattern is similar to a:

• A.triangle pattern.
• B.head and shoulders pattern.
• C.pennant pattern.

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A property can be purchased for $180,000. The investor provides 20% as owner's equity and borrows the remainder at 8.50% p.a. The investor sells the property for $170,000 in one year. What is the rate of return to the investor? (Ignore costs associated with real estate transactions.)

• A.-5.88%
• B.-38.22%
• C.-61.78%

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Joan and John Jett are considering the purchase of a piece of property down by Lake
Annawattapottamee. The house was designed to fit the unique geographic features of this remote setting.
The property appraisal most appropriate for valuing this property would most likely be:

• A.the income approach.
• B.the comparative sales approach.
• C.the cost approach.

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Ms. Sweetwater's biology class had a standard deviation of 2.4 on a standardized test, while Ms.
Quincy's biology had a standard deviation of 1.2 on the same test. What can be said about these two classes?

• A.Ms. Sweetwater's class performed twice as well on the test as Ms. Quincy's.
• B.Ms. Quincy's class is less heterogeneous than Ms. Sweetwater's.
• C.Ms. Sweetwater's class is more homogeneous than Ms. Quincy's.

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