Question
A stock produced returns of 14 percent, 17 percent, and -1 percent over three of the past four years, respectively. The arithmetic average for the
A stock produced returns of 14 percent, 17 percent, and -1 percent over three of the past four years, respectively. The arithmetic average for the past four years is 6 percent. What is the standard deviation of the stock's returns for the four-year period?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
