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Need a thorough explanation please! Thank you 10. The data points below are the S&P500 monthly index prices from Dec. 2015 to Dec. 2016. Use

image text in transcribedNeed a thorough explanation please! Thank you

10. The data points below are the S&P500 monthly index prices from Dec. 2015 to Dec. 2016. Use the data points to estimate the annualized volatility. Date Close ($) Dec-15 2043 Jan-16 1940 Feb-16 1932 Mar-16 2059 Apr-16 2065 May-16 2096 Jun-16 2098 Jul-16 2173 Aug-16 2170 Sep-16 2168 Oct-16 2126 Nov-16 2198 Dec-16 2238

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