Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The table below shows annual returns for stocks of companies X and Y. Calculate the arithmetic average returns. In addition, calculate their variances, as well
The table below shows annual returns for stocks of companies X and Y. Calculate the arithmetic average returns. In addition, calculate their variances, as well as their standard deviations Returns Year 15% 2 3 4 5 20% 41 -10 24 49 -23 24 Requirement 1: (a)The arithmetic average return of company X's stock is (Click to select (b)The arithmetic average return of company Y's stock is (Click to select) Requirement 2: The variance of company X's stock returns is: (Do not round intermediate calculations.) (Click to select) The variance of company Y's stock returns is: (Do not round intermediate calculations.) (Click to select) Requirement 3: The standard deviation of company X's stock returns is: (Do not round intermediate calculations.) (Click to select) The standard deviation of company Y's stock returns is: (Do not round intermediate calculations.) (Click to select)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started