Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Macro Corporation has had the following returns for the past three years: -10 percent, 10 percent, and 30 percent. Use the following formulas to calculate

Macro Corporation has had the following returns for the past three years: -10 percent, 10 percent, and 30 percent. Use the following formulas to calculate the standard deviation of the returns:

Variance = sum of (ri - mean)^2 / n

Standard deviation = square root of variance

Group of answer choices

30.00 percent

16.33 percent

10.00 percent

18.21 percent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jane King, Mary Carey

2nd Edition

0198748779, 9780198748779

More Books

Students also viewed these Finance questions

Question

What view of a form is used to edit an existing form?

Answered: 1 week ago

Question

Appreciate the importance of developing potential managers

Answered: 1 week ago

Question

Know how to approach on-the-job training

Answered: 1 week ago