Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The past five monthly returns for Kohl's are 3.80 percent, 4.27 percent, 1.94 percent, 9.38 percent, and 2.82 percent. How do i compute the standard

The past five monthly returns for Kohl's are 3.80 percent, 4.27 percent, 1.94 percent, 9.38 percent, and 2.82 percent.

How do i compute the standard deviation of Kohls' monthly returns?

I keep getting 10.02 or 10.01 and it is not correct.

(3.80+4.27+-1.94+9.38+.2.82)/5 = 12.69/5= 2.538

(3.80-2.538)^2+( 4.27-2.538)^2+ (-1.94-2.538)^2+ (9.38-2.358)^2+(-2.82-2.358)^2)^.5= 100.16608^.5 = 10.008

which would be rounded to 10.01

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968

Students also viewed these Finance questions

Question

3 > O Actual direct-labour hours Standard direct-labour hours...

Answered: 1 week ago