You work at a shoe store, and your manager is about to order more shoes. The manager wants you to record the sizes of women’s shoes bought on a particular day to figure out which sizes sell more. You record the sizes of women’s shoes bought on Tuesday: 7.5, 8, 8.5, 7, 9, 8.5, 8, 7.5, 8.5, 6.5, 9.5

Which would best represent the average women’s shoe size?

the mean, because it is 8.05, which is right in the middle
the weighted mean, because each price is weighted equally
the median, because the size of 9.5 is an outlier
the mode, because it is the most common shoe size
the sum, because it gives the total of all the sizes

c. the mode because it is the most common shoe size

Step-by-step explanation:

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

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