Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Returns Year X Y 1 14 % 18 % 2 28 29 3 9 10 4 21 26 5 10 20 Using the returns shown

Returns
Year X Y
1 14 % 18 %
2 28 29
3 9 10
4 21 26
5 10 20

Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. (Do not round intermediate calculations. Enter your average return and standard deviation as a percent rounded to 2 decimal places, e.g., 32.16, and round the variance to 5 decimal places, e.g., 32.16161.)

X Y
Average return % %
Variance
Standard deviation % %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management

Authors: Rajiv Srivastava, Anil Misra

2nd Edition

0198072074, 9780198072072

More Books

Students also viewed these Finance questions