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1. Using the following returns, calculate the arithmetic average return, the variance, and the standard deviation. Interpret your results in the context of a normal
1. Using the following returns, calculate the arithmetic average return, the variance, and the standard deviation. Interpret your results in the context of a normal distribution.
| Year | Return |
| 1 | -14% |
| 2 | 21% |
| 3 | 17% |
| 4 | 9% |
| 5 | 23% |
Using the table, calculate the geometric average return.
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Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
