Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. Returns Year X Y 1 6
| Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. |
| Returns | ||
| Year | X | Y |
| 1 | 6 % | 24 % |
| 2 | 24 | 45 |
| 3 | 13 | -14 |
| 4 | -14 | -28 |
| 5 | 15 | 53 |
| Requirement 1: | |
| (a) | Calculate the arithmetic average return for X. |
| (Click to select)7.13%8.80%11.00%9.94%10.74% | |
| (b) | Calculate the arithmetic average return for Y. |
| (Click to select)12.96%16.00%18.08%19.52%20.00% |
| Requirement 2: | |
| (a) | Calculate the variance for X. (Do not round intermediate calculations.) |
| (Click to select)0.0199560.0165000.0203700.0249450.025462 | |
| (b) | Calculate the variance for Y. (Do not round intermediate calculations.) |
| (Click to select)0.1596880.1034780.1277500.1143000.142875 |
| Requirement 3: | |
| (a) | Calculate the standard deviation for X. (Do not round intermediate calculations.) |
| (Click to select)14.27%15.79%11.56%14.03%17.84% | |
| (b) | Calculate the standard deviation for Y. (Do not round intermediate calculations.) |
| (Click to select)44.68%35.74%33.81%37.80%28.95% |
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
Digital Finance Big Data Start-ups And The Future Of Financial Services
Authors: Perry Beaumont
1st Edition
0367146797, 978-0367146795
