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3. (2pts) Using the following returns, calculate the arithmetic average return, the variance, and the standard deviation. Interpret your results in the context of a

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3. (2pts) 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 5% 3 15% 4 0% 5 -44% 4. (1pt) Using the table in #3, calculate the geometric average return

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