Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Returns Year X Y 1 13 % 23 % 2 16 28 3 11 12 4 12 15 5 10 18 Using the returns shown
Returns | |||||||
Year | X | Y | |||||
1 | 13 | % | 23 | % | |||
2 | 16 | 28 | |||||
3 | 11 | 12 | |||||
4 | 12 | 15 | |||||
5 | 10 | 18 | |||||
Using the returns shown above, calculate the average returns, variances, and standard deviations for X and Y: (Do not round intermediate calculations. Round the final percent answers to 2 decimal places. The variances to 5 decimal places.)
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