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Ten annual returns are listed in the following table. 1 2 3 4 5 6 7 8 9 10 19.9% 16.7% 17% 50% 43.4% 1.3%
Ten annual returns are listed in the following table.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|
19.9% | 16.7% | 17% | 50% | 43.4% | 1.3% | 16.4% | 45.7% | 45.1% | 4% |
(a)
What is the average annual return over the ten-year period (as a percent)?
%
(b)
What is the standard deviation of annual returns over the ten-year period (as a percent)? (Round your answer to two decimal places.)
%
(c)
What is the 95% confidence interval on the return of this stock next year (as a percent) if the past average returns and volatility of returns are unbiased estimators of expected returns and future volatility. (Round your answers to two decimal places.)
% to %
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