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Two investments generated the following annual returns: Investment X Investment Y 2 0 X 0 1 1 % 2 3 % 2 0 X 1
Two investments generated the following annual returns:
Investment X Investment Y
X
X
X
X
X
What is the average annual return on each investment? Round your answers to one decimal place.
The average annual rate of return on X:
The average annual rate of return on Y:
What is the standard deviation of the return on investments X and Y Round your answers to two decimal places.
Standard deviation of X:
Standard deviation of Y:
Based on the standard deviation, which investment was riskier?
Select
was riskier.
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