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The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, 2 percent, 3 percent, and 14
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, 2 percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Companys stock were 16 percent, 18 percent, 6 percent, 1 percent, and 22 percent. Calculate the variances and the standard deviations for Cherry and Straw.
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, -2 percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Company's stock were 16 percent, 18 percent, -6 percent, 1 percent, and 22 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.) Variance Standard deviation Cherry 15.78606 8.60 % Straw 24.09979 10.20 %Step by Step Solution
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