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7. Calculating Returns and Variability Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y: Returns

7. Calculating Returns and Variability Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y: Returns Year Y 1 12% 14% 2 24 29 3 -27 -33 4 14 17 5 19 37

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