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The Dow Jones Industrial Average had the following annual returns: Year Return 2012 7.3% 2013 26.5% 2014 7.5% 2015 -2.2% 2016 13% Using just these
The Dow Jones Industrial Average had the following annual returns: Year Return 2012 7.3% 2013 26.5% 2014 7.5% 2015 -2.2% 2016 13% Using just these last 5 years of data, what is the expected return for the Dow Jones? What is the standard deviation of the returns? Please show and explain your work.
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