Question
Steele Corp has the following annual returns for the previous four years: -15%, 10%, 25%, 45%. Calculate Steele Corps average return, sample variance and sample
Steele Corp has the following annual returns for the previous four years: -15%, 10%, 25%, 45%. Calculate Steele Corps average return, sample variance and sample standard deviation.
Answer: 16.25%, 639.58, 25.29%
Please show how to get this answer and the formulas used.
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
12th Global Edition
1292268859, 978-1292268859
