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Suppose a mutual fund results in the following 5-year return values: 1.48% (2016), 10.59% (2017), 15.68% (2018), -7.68% (2019), and 23.22% (2020). Based on these

Suppose a mutual fund results in the following 5-year return values: 1.48% (2016), 10.59% (2017), 15.68% (2018), -7.68% (2019), and 23.22% (2020). Based on these values, calculate the geometric average return and the variance.

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