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The rates of return on Cherry Jalopies, Inc., stock over the last five years were 1 6 percent, 1 1 percent, - 1 percent, 6

The rates of return on Cherry Jalopies, Inc., stock over the last five years were 16 percent, 11 percent, -1
percent, 6 percent, and 11 percent. Over the same period, the returns on Straw Construction Company's
stock were 16 percent, 23 percent, -6 percent, 6 percent, and 11 percent.
Calculate the variances and the standard deviations for Cherry and Straw. (Do not round intermediate
calculations. Enter your variance as a decimal rounded to 5 decimal places. Enter your standard
deviation as a percent rounded to 2 decimal places.)The rates of return on Cherry Jalopies, Inc., stock over the last five years were 16 percent, 11 percent, -1
percent, 6 percent, and 11 percent. Over the same period, the returns on Straw Construction Company's
stock were 16 percent, 23 percent, -6 percent, 6 percent, and 11 percent.
Calculate the variances and the standard deviations for Cherry and Straw. (Do not round intermediate
calculations. Enter your variance as a decimal rounded to 5 decimal places. Enter your standard
deviation as a percent rounded to 2 decimal places.)
Answer is complete but not entirely correct.
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