Question
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.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started