Question
In: Statistics and Probability
Write a ministerial brief of no more than 200 words containing no more than three graphs...
Write a ministerial brief of no more than 200 words containing no more than three graphs on whether you can confidently recommend investing in the Bitcoin, compared with ONE of three shares: BHP, CBA, and TLS.
| Weekly returns | ||||
| Date | CBA.AX | TLS.AX | BTC | BHP |
| 27/9/15 | ||||
| 4/10/15 | 2.92% | 0.36% | 3.91% | 14.22% |
| 11/10/15 | 1.35% | -3.55% | 5.66% | -4.50% |
| 18/10/15 | 1.05% | 2.57% | 10.01% | -0.86% |
| 25/10/15 | -0.80% | -3.23% | 12.19% | -8.00% |
| 1/11/15 | -0.18% | -1.67% | 15.05% | -6.51% |
| 8/11/15 | -1.08% | -3.20% | -14.56% | -7.61% |
| 15/11/15 | 5.37% | 5.25% | 1.68% | 2.43% |
| 22/11/15 | 0.36% | -0.18% | 14.89% | -7.29% |
| 29/11/15 | 0.12% | 0.19% | 6.08% | -1.85% |
| 6/12/15 | -1.58% | -3.88% | 10.50% | -10.08% |
| 13/12/15 | 3.32% | 5.38% | 1.63% | 0.50% |
| 20/12/15 | 2.15% | -0.36% | -4.39% | 9.24% |
| 27/12/15 | 2.65% | 2.75% | 1.97% | -1.45% |
| 3/1/16 | -7.14% | -5.53% | 3.60% | -14.75% |
| 10/1/16 | -0.68% | 0.57% | -14.28% | -8.06% |
| 17/1/16 | -2.94% | 3.94% | 5.14% | 6.39% |
| 24/1/16 | 2.76% | 1.62% | -8.03% | 2.00% |
| 31/1/16 | -2.63% | 0.36% | 2.19% | 3.06% |
| 7/2/16 | -4.27% | -1.42% | 7.29% | 0.62% |
| 14/2/16 | 0.14% | -5.21% | 7.98% | 5.55% |
| 21/2/16 | -3.69% | -0.19% | -1.23% | -5.92% |
| 28/2/16 | 7.10% | -2.66% | -6.13% | 22.70% |
| 6/3/16 | 0.83% | 0.58% | 1.59% | -1.66% |
| 13/3/16 | 2.34% | 1.16% | -0.21% | 0.73% |
| 20/3/16 | -4.27% | 0.57% | 3.17% | -6.49% |
| 27/3/16 | -2.45% | 0.19% | -1.30% | 0.04% |
| 3/4/16 | -3.06% | -1.90% | 0.28% | -3.43% |
| 10/4/16 | 5.99% | 1.55% | 1.43% | 16.71% |
| 17/4/16 | 0.05% | 3.05% | 7.34% | 10.07% |
| 24/4/16 | -1.53% | -0.74% | -1.16% | -1.51% |
| 1/5/16 | 0.62% | 4.48% | 1.24% | -10.88% |
| 8/5/16 | 4.09% | 1.43% | 0.05% | -4.76% |
| 15/5/16 | 0.94% | -0.35% | -4.04% | 0.90% |
| 22/5/16 | 1.00% | 0.18% | 17.39% | 2.46% |
| 29/5/16 | -3.99% | -1.41% | 11.41% | 1.13% |
| 5/6/16 | -0.34% | -2.33% | 15.94% | -3.88% |
| 12/6/16 | -4.58% | -2.75% | 14.18% | 3.67% |
| 19/6/16 | 0.75% | 0.75% | -17.82% | -1.73% |
| 26/6/16 | 1.74% | 4.30% | 5.79% | 5.10% |
| 3/7/16 | -1.92% | 0.18% | -2.20% | 2.52% |
| 10/7/16 | 4.88% | 2.86% | 4.52% | 3.95% |
| 17/7/16 | 1.58% | 0.87% | -2.52% | -6.39% |
| 24/7/16 | 0.27% | -0.52% | -5.68% | 3.99% |
| 31/7/16 | -1.55% | -1.91% | -4.99% | 4.48% |
| 7/8/16 | -0.18% | -3.71% | -3.69% | -0.16% |
| 14/8/16 | -3.37% | 0.55% | 2.04% | 3.13% |
| 21/8/16 | -0.26% | -3.28% | -0.98% | 0.47% |
| 28/8/16 | -3.21% | -3.40% | 6.01% | -4.58% |
| 4/9/16 | -0.06% | -1.17% | -0.65% | 0.39% |
| 11/9/16 | 1.93% | 0.79% | 0.84% | -2.50% |
| 18/9/16 | 1.61% | 1.76% | -1.51% | 8.58% |
| 25/9/16 | -1.36% | -0.19% | 1.53% | 6.48% |
| 2/10/16 | 2.73% | -3.28% | 0.83% | 2.05% |
| 9/10/16 | 0.27% | 1.40% | 3.95% | -3.87% |
| 16/10/16 | 0.43% | -0.79% | 2.02% | 2.85% |
| 23/10/16 | -2.87% | -1.79% | 6.77% | -0.26% |
| 30/10/16 | -2.42% | -1.01% | 1.81% | -2.55% |
| 6/11/16 | 6.75% | -3.67% | -1.12% | 10.36% |
| 13/11/16 | 1.43% | 4.45% | 3.78% | -5.39% |
| 20/11/16 | 1.70% | 2.03% | 0.12% | 9.19% |
| 27/11/16 | 0.55% | -1.59% | 5.07% | -1.86% |
| 4/12/16 | 2.63% | 0.81% | 0.20% | 1.21% |
| 11/12/16 | 0.48% | -1.60% | 2.75% | -5.41% |
| 18/12/16 | 1.78% | 2.65% | 12.94% | -2.72% |
| 25/12/16 | -0.11% | 1.19% | 11.71% | 1.04% |
| 1/1/17 | 2.09% | 3.14% | -9.50% | 3.30% |
| 8/1/17 | -0.32% | -0.76% | -8.85% | 7.79% |
| 15/1/17 | -2.72% | -1.53% | 11.89% | 0.23% |
| 22/1/17 | 1.72% | -0.58% | -0.47% | 3.28% |
| 29/1/17 | -1.57% | -0.59% | 11.10% | -4.49% |
| 5/2/17 | 1.49% | 1.57% | -1.93% | 1.78% |
| 12/2/17 | 3.00% | -6.20% | 5.26% | 0.47% |
| 19/2/17 | -2.78% | -0.62% | 11.70% | -5.73% |
| 26/2/17 | 0.22% | -4.57% | 8.50% | 2.87% |
| 5/3/17 | 1.56% | 1.09% | -3.63% | -8.76% |
| 12/3/17 | 0.32% | 2.59% | -16.53% | 7.13% |
| 19/3/17 | -1.64% | -3.57% | -5.20% | -4.37% |
| 26/3/17 | 3.03% | 1.53% | 13.20% | -0.52% |
| 2/4/17 | -1.33% | -2.15% | 9.74% | 1.79% |
| 9/4/17 | 1.75% | -8.77% | -2.29% | -2.38% |
| 16/4/17 | -0.71% | 1.68% | 6.15% | -0.91% |
| 23/4/17 | 2.06% | -0.24% | 8.23% | -0.45% |
| 30/4/17 | -3.43% | 4.27% | 14.98% | -3.12% |
| 7/5/17 | -3.23% | -0.91% | 14.03% | 2.06% |
| 14/5/17 | -1.76% | 1.61% | 15.32% | 4.29% |
| 21/5/17 | -0.11% | 1.13% | 7.08% | -2.37% |
| 28/5/17 | 0.30% | 0.22% | 15.31% | -1.03% |
| 4/6/17 | -1.48% | -2.67% | 17.80% | -0.23% |
| 11/6/17 | 3.37% | 0.23% | -14.59% | -1.95% |
| 18/6/17 | -0.75% | -0.68% | 0.08% | -1.56% |
| 25/6/17 | 1.92% | -1.15% | -0.20% | 4.19% |
| 2/7/17 | -0.82% | 0.47% | -0.99% | 4.58% |
| 9/7/17 | 1.21% | -0.46% | -23.78% | 5.86% |
| 16/7/17 | 1.02% | -4.65% | 44.02% | -1.55% |
| 23/7/17 | -0.25% | 0.24% | 0.36% | 6.06% |
| 30/7/17 | -3.63% | -0.97% | 16.83% | 0.17% |
| 6/8/17 | -0.27% | 1.97% | 25.70% | -2.09% |
| 13/8/17 | -1.75% | -6.02% | 0.10% | 0.12% |
| 20/8/17 | -1.73% | 0.51% | 6.86% | 5.35% |
| 27/8/17 | -2.88% | -6.38% | 6.15% | 3.76% |
| 3/9/17 | -2.97% | 0.82% | -7.96% | -2.65% |
| 10/9/17 | 4.15% | -1.35% | -13.10% | -2.72% |
| 17/9/17 | 0.45% | -1.92% | -0.60% | -0.33% |
| 24/9/17 | -1.79% | -2.51% | 20.06% | -2.76% |
| 1/10/17 | 1.40% | -1.43% | 4.74% | 2.00% |
| 8/10/17 | 0.47% | 2.33% | 23.34% | 2.08% |
| 15/10/17 | 3.01% | 0.00% | 5.18% | -2.20% |
| 22/10/17 | -0.92% | 0.85% | 2.75% | -1.48% |
| 29/10/17 | -0.58% | -1.41% | 20.20% | 3.66% |
| 5/11/17 | 3.93% | -1.14% | -20.45% | 1.49% |
| 12/11/17 | 0.09% | -0.29% | 36.82% | -3.27% |
| 19/11/17 | -0.43% | 0.87% | 15.86% | 3.21% |
| 26/11/17 | -1.74% | -1.72% | 20.69% | -1.76% |
| 3/12/17 | 0.57% | 7.89% | 33.91% | -2.14% |
| 10/12/17 | 0.40% | 0.00% | 26.60% | 4.92% |
| 17/12/17 | 0.56% | -0.81% | -27.67% | 4.46% |
| 24/12/17 | -0.06% | -0.82% | 0.44% | 2.20% |
| 31/12/17 | 1.02% | 2.75% | 17.17% | 4.67% |
| 7/1/18 | -0.35% | 0.27% | -15.96% | 5.30% |
| 14/1/18 | -1.30% | -4.55% | -15.31% | -2.05% |
| 21/1/18 | -1.48% | -0.28% | 1.89% | 0.70% |
| 28/1/18 | 2.72% | 3.09% | -30.16% | -4.34% |
| 4/2/18 | -5.62% | -4.90% | -1.62% | -4.33% |
| 11/2/18 | -2.92% | -1.72% | 28.85% | 6.40% |
| 18/2/18 | 1.95% | 1.46% | -7.75% | -0.80% |
| 25/2/18 | 0.36% | -6.03% | 19.71% | -5.94% |
| 4/3/18 | 1.51% | 5.20% | -17.03% | -0.33% |
| 11/3/18 | -1.99% | -2.62% | -13.93% | 0.31% |
| 18/3/18 | -3.36% | -3.88% | 3.13% | -3.13% |
| 25/3/18 | -0.69% | -2.48% | -19.32% | 0.98% |
| 1/4/18 | 1.63% | -1.27% | 3.13% | -1.78% |
| 8/4/18 | -0.45% | 0.00% | 18.82% | 7.24% |
| 15/4/18 | -1.50% | -0.65% | 5.33% | 1.92% |
| 22/4/18 | -0.72% | 2.27% | 6.62% | -2.45% |
| 29/4/18 | 1.71% | 2.86% | 2.53% | 3.74% |
| 6/5/18 | -3.06% | -1.23% | -9.70% | 4.43% |
| 13/5/18 | -0.04% | -10.94% | -2.03% | 0.79% |
| 20/5/18 | -0.89% | 0.70% | -13.72% | -3.52% |
| 27/5/18 | -1.67% | -3.14% | 4.86% | 2.49% |
| 3/6/18 | 0.98% | -0.36% | -12.25% | 2.85% |
| 10/6/18 | -0.56% | 6.14% | -4.66% | -5.75% |
| 17/6/18 | 7.07% | -8.84% | -4.65% | 0.47% |
| 24/6/18 | -1.34% | -2.24% | 2.94% | 2.21% |
| 1/7/18 | 3.84% | 6.87% | 5.81% | -0.86% |
| 8/7/18 | -1.08% | -1.79% | -5.12% | -0.93% |
| 15/7/18 | 1.40% | 1.45% | 16.25% | -1.30% |
| 22/7/18 | -0.71% | -1.08% | 11.06% | 4.70% |
| 29/7/18 | -3.36% | 2.17% | -14.29% | -0.75% |
| 5/8/18 | 3.52% | 0.71% | -13.51% | -2.36% |
| 12/8/18 | -1.46% | 8.45% | 6.75% | -2.58% |
| 19/8/18 | -4.58% | 4.22% | 3.36% | 1.13% |
| 26/8/18 | 0.49% | -3.43% | 8.64% | -0.87% |
| 2/9/18 | -1.02% | 0.97% | -14.41% | -7.54% |
| 9/9/18 | 1.40% | 1.92% | 4.05% | 2.36% |
| 16/9/18 | 0.62% | -1.25% | 3.08% | 8.25% |
| 23/9/18 | -2.45% | 1.27% | -3.95% | 1.54% |
| CBA.AX | TLS.AX | BTC | BHP | |
| Mean | 0.00% | -0.32% | 2.81% | 0.39% |
| Median | -0.05% | -0.26% | 2.36% | 0.20% |
| Standard Error | 0.20% | 0.24% | 0.94% | 0.40% |
| Standard Deviation | 2.45% | 3.00% | 11.75% | 5.01% |
| Sample Variance | 0.000598 | 0.000900 | 0.013796 | 0.002507 |
| Range | 14.24% | 19.39% | 74.18% | 37.45% |
| Minimum | -7.14% | -10.94% | -30.16% | -14.75% |
| Maximum | 7.10% | 8.45% | 44.02% | 22.70% |
| Kurtosis | 0.60 | 1.42 | 1.18 | 2.75 |
| Skewness | 0.25 | -0.21 | 0.21 | 0.65 |
Solutions
Expert Solution
Here, we have to compare the investment in BHP shares versus investment in Bitcoin. From given output for descriptive statistics, it is observed that the mean weekly return for investment in BHP shares is given as 0.39%, while the mean weekly return for investment in BTC or Bitcoin is given as 2.81%. The standard deviation for weekly return for investment in BHP shares is given as 5.01% while the standard deviation for weekly return for investment in BTC or Bitcoin is given as 11.75%. This means variation is more the Bitcoin investment as compared to investment in BHP shares. This means we conclude that there is more risk in investing money in Bitcoin as compared to investment in BHP shares. Also, it is observed that the range for the weekly return for investment in Bitcoin is more than that of BHP shares. We have to see this comparison by using some graphical summary. Box plots for weekly investment in BTC and BHP are given as below:
From above box plots, it is observed that the average weekly return for BTC is more than BHP but the variation for BTC is more than BHP. This means there is more risk investing money in BTC as compared to BHP.
orchestra answered 2 years agoRelated Solutions
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