Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Returns Year X Y 1 11 % 23 % 2 15 26 3 13 14 4 10 11 5 10 16 Using the returns shown
Returns | |||||||
Year | X | Y | |||||
1 | 11 | % | 23 | % | |||
2 | 15 | 26 | |||||
3 | 13 | 14 | |||||
4 | 10 | 11 | |||||
5 | 10 | 16 | |||||
Using the returns shown above, calculate the average returns, the variances, and the standard deviations for X and Y (Do not round intermediate calculations and round your final percentage answer to 2 decimal places. (e.g., 32.16) and variances to 5 decimal places. (e.g., 32.16161)) |
X | Y | |
Average returns | % | % |
Variances | ||
Standard deviations | % | % |
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