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The rate of return on Cherry Jalopies, Inc., stock over the last five years was 23 percent, 11 percent, -5 percent, 7 percent, and 10
The rate of return on Cherry Jalopies, Inc., stock over the last five years was 23 percent, 11 percent, -5 percent, 7 percent, and 10 percent. Over the same period, the return on Straw Construction Companys stock was 16 percent, 24 percent, -6 percent, 2 percent, and 16 percent.
Calculate the variances and the standard deviations for Cherry and Straw. (Enter variance as a decimal and standard deviation as a percent. Round your variance to 5 decimal places and standard deviation to 2 decimal places. Omit the "%" sign in your response.)
Cherry | Straw | ||||||||||
Variance | |||||||||||
Standard deviation | % | % | |||||||||
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