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Using this table, calculate the geometric average return return year 1 2 3 4 0.14 0.05 0.15 0.00 -0.44 -0.10 Average return 5 -0.02 -0.0200

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Using this table, calculate the geometric average return

return year 1 2 3 4 0.14 0.05 0.15 0.00 -0.44 -0.10 Average return 5 -0.02 -0.0200 -2.00% year 1 return 0.14 0.05 0.15 0.00 -0.44 2 3 4 5 Deviation return-Average return 0.1600 0.0700 0.1700 0.0200 -0.4200 3 Deviation^2 0.0256 0.0049 0.0289 0.0004 0.1764 0.2362 0.2362/4 variance 0.05905 Standard deviation 0.05905^(1/2) 0.2430 24.30%

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