A survey of 135 investment managers in a poll revealed the following. a. 42% of managers classified themselves as bullish or very bullish on the stock market.
b. The average expected return over the next 12 months for equities was 11.8%.
c. 29% selected health care as the sector most likely to lead the market in the next 12 months.
d. When asked to estimate how long it would take for technology and telecom stocks to resume sustainable growth, the managers' average response was 2.9 years.

Cite two descriptive statistics.

1. Of those investment managers surveyed, 42% were bullish or very bullish on health care stocks over the next 2.9 years.
2. Of those investment managers surveyed, 42% were bullish or very bullish on the stock market.
3. Of those investment managers surveyed, 42% selected technology and telecom stocks to be the sector most likely to lead the market in the next 12 months.
4. Of those investment managers surveyed, 29% selected health care as the sector most likely to lead the market in the next 12 months.
5. Of those investment managers surveyed, 11.8% expect it would take 12 months for equities to resume sustainable growth.