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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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