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Using the table below find average return and standard deviation for Starbucks and Abbott, and covariance and correlation of their returns. Year Starbucks Abbott 1989
Using the table below find average return and standard deviation for Starbucks and Abbott, and covariance and correlation of their returns.
Year | Starbucks | Abbott |
1989 | 23.65 | 65 |
1990 | -47.37 | -33.79 |
1991 | 35 | 29.88 |
1992 | 86 | -21 |
1993 | 22.36 | 32 |
1994 | 25.37 | -4.29 |
1995 | 54 | 38.32 |
1996 | 65 | -6.36 |
1997 | 11.67 | 33.33 |
1998 | 36.19 | 23.55 |
Select one:
a. Average returns: Starbucks=31.19% ; Abbott = 15.66% Standard deviations: Starbucks=35.63% ; Abbott = 30.67% Covariance = 110.71 Correlation = 0.10
b. Average returns: Starbucks=71.19% ; Abbott = 25.66% Standard deviations: Starbucks=48.63% ; Abbott = 21.67% Covariance = 213.71 Correlation = 0.23
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