Question
Calculating Returns and Variability Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 16 percent, 5 percent, 19 percent, 13
Calculating Returns and Variability
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 16 percent, 5 percent, 19 percent, 13 percent, and 10 percent.
A. What was the arithmetic average return on Crash-n-Burns stock over this five-year period? (Answer is 10.6%)
B. What was the variance of Crash-n-Burns returns over this period? (87.3 is not the correct answer)
C. What was the standard deviation of Crash-n-Burns returns over this period? (Answer is 9.34%)
Any help you can provide to find the correct variance would be greatly appreciated!!
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