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



Step by Step Solution

There are 3 Steps involved in it

Step: 1

First lets calculate the mean of the returns Mean 10 10 30 3 10 Next lets calculate the va... 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_2

Step: 3

blur-text-image_3

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

Operations Management Creating Value Along the Supply Chain

Authors: Roberta S. Russell, Bernard W. Taylor

7th Edition

9781118139523, 0470525908, 1118139526, 978-0470525906

More Books

Students also viewed these Finance questions