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The last four years of returns for a share are as follows: Year 1 2 3 4 Return 4.3% 27.8% 11.6% 3.8% a. What is

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

Year

1

2

3

4

Return

4.3%

27.8%

11.6%

3.8%

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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