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1. Compute the average return and the standard deviation of returns on each investment? Based on your answers, which investment is riskier? Year Investment X

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1. Compute the average return and the standard deviation of returns on each investment? Based on your answers, which investment is riskier? Year Investment X Investment Y 2014 11% 1% 2015 2.8% 23% 2016 21% -8.5% 2017 -3.5% 13% 2018 12% 7.4% 2019 -1.4% -8.7%

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