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The rates of return on Cherry Jalopies, Incorporated, stock over the last five years were 19 percent, 11 percent, 1 percent, 3 percent, and 12
The rates of return on Cherry Jalopies, Incorporated, stock over the last five years were 19 percent, 11 percent, 1 percent, 3 percent, and 12 percent. Over the same period, the returns on Straw Construction Companys stock were 16 percent, 20 percent, 4 percent, 3 percent, and 20 percent. Calculate the variances and the standard deviations for Cherry and Straw. Note: 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
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