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NEW QUESTION: 1
Project 1 of 7: Tailspin Toys
Overview
You recently opened an online toy store. You have sold products to 500 individual customers. You are
evaluating customer data and order data.
On the "Orders" worksheet, use an automatic formatting method to format cells in the "OrderTotal" column
that contain above-average values by applying Green Fill with Dark Green Text. Use a technique that
automatically updates the formatting if the column values change.
Answer:
Explanation:
See explanation below.
Explanation
1. Select the cells in the "OrderTotal" column which is the data range you are required to highlight the cells
which are above-average.
2. ClickConditional Formattingfrom theHometab, then selectTop/Bottom Rules, then select theAbove
Averageoption.
3. A popped up dialog box will then appear, select the Green Fill with Dark Green Text option as desired.
4. ClickOK.
References:
https://www.extendoffice.com/documents/excel/2195-excel-highlight-above-average.html
NEW QUESTION: 2
Consider a portfolio with a large number of uncorrelated assets, each carrying an equal weight in the portfolio.
Which of the following statements accurately describes the volatility of the portfolio?
A. The volatility of the portfolio will be close to zero
B. The volatility of the portfolio will be equal to the square root of the sum of the variances of the assets in the portfolio weighted by the square of their weights
C. The volatility of the portfolio will be equal to the weighted average of the volatility of the assets in the portfolio
D. The volatility of the portfolio is the same as that of the market
Answer: B
Explanation:
Explanation
When assets are uncorrelated, variances are additive. But volatility (which is standard deviation) is not. In the given situation, the total variance of the portfolio will be equal to the the square root of the sum of the variances of the assets in the portfolio weighted by the square of their weights. Its volatility will be the square root of this variance. Thus Choice 'c' is the correct answer.
(This is because V(cA + dB) = c