Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the arithmetic average of the following returns. Year Return 1 0.19 2 0.19 3 -0.06 4 0.28 5 - 0.14 Enter the answer with
Calculate the arithmetic average of the following returns.
Year Return
1 0.19
2 0.19
3 -0.06
4 0.28
5 - 0.14
Enter the answer with 4 decimals, e.g. 0.1234.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started