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Two investments generated the following annual returns: Investment X Investment Y 20X0 12 % 20 % 20X1 23 26 20X2 32 14 20X3 18 23
Two investments generated the following annual returns:
Investment X | Investment Y | |||
20X0 | 12 | % | 20 | % |
20X1 | 23 | 26 | ||
20X2 | 32 | 14 | ||
20X3 | 18 | 23 | ||
20X4 | 11 | 24 |
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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: %
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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:
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Based on the standard deviation, which investment was riskier?
-Select-Investment XInvestment YItem 5 was riskier.
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