Answered step-by-stepPlease include steps that you used to arrive at your answers: 1)...
Please include steps that you used to arrive at your answers:
1) 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 terms of dividends paid in the previous year. You are looking at a company that ranked 14 of 45 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 45 companies, which measure of average would be the most meaningful - mean, median, midrange, or mode? Explain.
Answer & Explanation
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