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Consider the following annual returns of Estee Lauder and Lowes Companies: Estee Lauder Lowes Companies Year 1 23.6 % 8.0 % Year 2 21.0 16.3
Consider the following annual returns of Estee Lauder and Lowes Companies: |
Estee Lauder | Lowes Companies | |||||
Year 1 | 23.6 | % | 8.0 | % | ||
Year 2 | 21.0 | 16.3 | ||||
Year 3 | 17.8 | 4.4 | ||||
Year 4 | 50.1 | 41.0 | ||||
Year 5 | 17.0 | 11.0 | ||||
Compute each stocks average return, standard deviation, and coefficient of variation. (Round your answers to 2 decimal places.) |
Estee Lauder | Lowes Companies | ||
Average return | % | % | |
Standard deviation | % | % | |
Coefficient of variation | |||
Which stock appears better? |
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