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The last four years of returns for a share are as follows: Year 1 2 3 4 Return 4.4% 28.5% 12.1% 4.2% a. What is

The last four years of returns for a share are as follows:

Year

1

2

3

4

Return

4.4%

28.5%

12.1%

4.2%

a. What is the average annual return?

b. What is the variance of the share's returns?

c. What is the standard deviation of the share's returns?

Note: Enter your answers for the average return and standard deviation as percentages. For the variance, enter your answer as a decimal number.

a. The average return is .................... %. (Enter your response as a percent rounded to two decimal places.)

b. The variance of the returns is .................... (Round to five decimal places.)

c. The standard deviation is .................... %. (Enter your response as a percent rounded to two decimal places.)

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