.5(X+Y)The column C is 90682
portfolio X 91058
The column D is98284
correlation of X and Y
Econ 5, Project 4
Due Date: Feb 10th, by 7:00pm Pacific Time
You can submit your Excel spreadsheet AS MANY TIMES AS YOU WANT. You will see your score
each time. Your LAST SUBMISSION’s score will be your score for the project. Autograder will only
score the numeric parts of the assignment, the graphs will be graded by your TA after the due date so they
cannot be revised.
In this project, you advise the Dally Dilly Dolly Foundation, a fictional non-profit group, about
how to invest their endowment. The foundation has $96,000 to invest in two different assets,
portfolio X and portfolio Y. You have three investment options. You can invest all of the money
in portfolio X, all of the money in portfolio Y, or half of the money in each portfolio. Your goal
is to provide a high rate of return over the next year while not losing any of the money invested.
In your data provided, each line represents one possible outcome for portfolios X and Y. Both
outcomes on the same line occur simultaneously. For example, if the outcome in cell C3 occurs
for portfolio X, then the outcome in cell D3 occurs for portfolio Y.
There are 200 possible outcomes, each with equal probability. (Note this is a population and not
a sample.) On each line, payouts are given for investing in a single portfolio. The first number is
the payout for investing $96,000 only in portfolio X. The second number corresponds to
investing the same amount only in portfolio Y. These outcomes are all in dollars, and listed in
cells C3 to D202. For example, if someone invests $96,000 and receives a payout of $98,200 in a
year, the net gain is $2,200.
In this project, you will be able to see the benefits of diversification. In later material, we can use
correlation as a tool to determine how much diversification occurs when investing in two
To Receive Credit
• Make sure your capitalization is correct for any non-numeric entries as the autograder is
• Dataset sent to each student is different. Do not share your dataset with others.
• The Excel spreadsheet you submit must have a title of the following form: Project4.xlsx.
• Make sure Sheet 1 in your Excel file includes all calculations, answers, and graphs. Only
Sheet 1 will be graded.
• Make sure Sheet 1 is formatted as specified in the instructions; autograder will only grade
entries that are in the correct cells.
• You MUST use Excel, NOT Google Sheets, NOT Numbers. Make sure you download
the file as an Excel spreadsheet. If you accidently open it in Google Sheets download it to
your computer as an Excel file, do NOT cut and paste to an Excel spreadsheet as you
might mess up the format and create errors that make it impossible for Autograder to read
• All graphs must also be submitted as a single PDF with titled Project4.pdf as instructed
• All graphs MUST include the following:
o A title that describes the main point.
o A graph number as described in the instructions. The graph number must be at the
beginning of the graph title.
o Meaningful, readable labels for axes and categories.
o A legend when it necessary.
o The graph must be self-explanatory, i.e. someone who is not familiar with the
context and data could understand its main message.
Required Elements (all elements must be in Sheet 1 in your Excel file)
(1) For each possible outcome, calculate the payout if you invest half of the money in each
portfolio. Your average needs to be in column E. For example, the average of cells C3 and
D3 needs to be in cell E3. (Although this element will not be graded directly, these are
necessary calculations for other elements that will be graded.)
(2) In cell C205, calculate the average payout of all portfolio X outcomes. In cell C206, calculate
the standard deviation.
(3) In cell D205, calculate the average payout of all portfolio Y outcomes. In cell D206, calculate
the standard deviation.
(4) In cell E205, calculate the average payout of the even split of money invested in the
portfolios X and Y. In cell E206, calculate the standard deviation.
(5) Determine if each investment strategy could have a negative return. In cell C210 (for
portfolio X), D210 (for portfolio Y), and E210 (for an even split of money invested in each
portfolio). If a negative return is possible, enter the number 1 in the respective cell;
otherwise, enter 0. (Note: If it is helpful, use the MIN function in Excel to find the minimum
payout for each column in cells C208, D208, and E208.)
(6) In cell D215, calculate the correlation of portfolio X’s and Y’s rate of return. The function in
Excel for correlation is CORREL.
(7) Graph 1: Create a histogram of the payouts of portfolio X. Format the horizontal axis to have
5 bins. After you have created a histogram with 5 bins, enlarge the graph if necessary to see
the range of each bin. Include an appropriate axis title for each axis. (Notes: In some versions
of Excel, double clicking the numbers on the horizontal axis will open up the Format Axis
feature. Also in some Excel versions, if you single click in the histogram, a “+” will appear
just outside the upper right corner. If you click the + sign, you can add axis titles. Make sure
to label each axis appropriately.)
When uploading the Excel spreadsheet to GradeScope, you will be prompted to provide a
name for the leaderboard. A leaderboard is a tool that allows you to monitor accuracy and
timing of your submission relative to others in the class.
You can pick your own leaderboard name, please make sure it is appropriate and
respectful, given that the leaderboard is visible to all students in the class. Use the same
leaderboard name for all submissions this quarter.
DO NOT use your real name as your leaderboard name. If you accidentally use your real
name as your leaderboard name, submit again, the original leaderboard entry will be
The leaderboard will NOT affect your course grade at all. If you don’t want your
leaderboard name to be uniquely identified, you can type Optout Otter as your
DO NOT leave the leaderboard name blank, your submission will not be processed.
DO NOT share your leaderboard name with other students. A student’s leaderboard name
is known only to that particular student and course instructors.
Leaderboard ranks all submissions by the SUBMISSION TIME among the class
members. The earlier the submission, the higher the rank. Note though, the leaderboard
ONLY ranks those who got FULL SCORE on the autograder part of the assignment. For
example, if you and another student both got a full score, and you submitted earlier, your
leaderboard name will appear higher on the leaderboard than the other student’s. Please
notice that your leaderboard name would appear at the bottom of the leaderboard if your
submission scored less than FULL SCORE on the autograder part of the assignment.
After your submission, click on “Leaderboard” on the “Autograder Results page” to
check the ranking.
Submitting your project
You must include the two files described in the “To Receive Credit” section above. One
file needs to be submitted as an Excel spreadsheet, while the other a PDF. Sheet 1 must
be formatted as described above.
You must also submit all graphs in PDF form. The easiest way to do this is to copy the
Excel graphs into Word using COPY followed by PASTE IMAGE. (It may also be listed
as Paste Picture.) Once all graphs are in the word doc and nicely formatted and sized, you
can save the document as a PDF. We require that you submit as a PDF rather than a word
document because formatting is sometimes compromised in the transfer for word
documents, but PDFs always transfer exactly as you formatted it. This file must have a
title of the following format Project4.pdf.
All graphs need to be in BOTH on Sheet 1 of the excel file AND separately, in the PDF
These two files must be uploaded to GradeScope before the project deadline.
Your submission must have NO hidden rows or columns.
Grading Rubric for Project 4 (each element must be completely correct to receive credit;
no partial credit given)
Required Elements 2 & 3 are correct
Required Element 4 is correct
Required Element 5 is correct
Required Element 6 is correct
Required Element 7 is correct
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.