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need this asap Over the past 3 years, a stock had returns of 6%, 16%, and 14%. What was the variance of this stock's returns
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Over the past 3 years, a stock had returns of 6%, 16%, and 14%. What was the variance of this stock's returns over the past 3 years if the average return on the stock over this 3-year period was 12%? Do not round intermediate calculations. ROUND THE FINAL ANSWER TO 5 DECIMAL PLACES. DO NOT ANSWER AS A PERCENTAGE. For example, an answer of 0.123456789 should be entered as 0.12345. Numeric ResponseStep by Step Solution
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