Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. Returns Year X Y 1 13 % 20 % 2 31 41 3 20 -11 4 -21 -25 5 22 49 Requirement 1: (a) Calculate the arithmetic average return for X. (b) Calculate the arithmetic average return for Y. Requirement 2: (a) Calculate the variance for X. (Do not round intermediate calculations.) (b) Calculate the variance for Y. (Do not round intermediate calculations.) Requirement 3: (a) Calculate the standard deviation for X. (Do not round intermediate calculations.) (b) Calculate the standard deviation for Y. (Do not round intermediate calculations.)

Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. Year 1 2 3 4 5 Returns X Y 13 % 20% 31 41 20 -11 -21 -25 22 49 Requirement 1: (a) Calculate the arithmetic average return for X. (Click to select) (b) Calculate the arithmetic average return for Y. (Click to select) Requirement 2: (a) Calculate the variance for X. (Do not round intermediate calculations.) (Click to select) (b) Calculate the variance for Y. (Do not round intermediate calculations.) (Click to select) Requirement 3: (a) Calculate the standard deviation for X. (Do not round intermediate calculations.) (Click to select) (b) Calculate the standard deviation for Y. (Do not round intermediate calculations.) (Click to select)