Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Over the past five years, a stock returned 6.2 percent, -10.4 percent, -2.2 percent, 16.9 percent, and 5.8 percent, respectively. What is the variance of
Over the past five years, a stock returned 6.2 percent, -10.4 percent, -2.2 percent, 16.9 percent, and 5.8 percent, respectively. What is the variance of these returns?
Options:
.091306
.010439
.008351
.012547
.076290
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started