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Value of euro is shown below for five consecutive months. Jan. 1 Feb. 1 March 1 April 1 May 1 Value of euro $1.15 $1.12
Value of euro is shown below for five consecutive months. Jan. 1 Feb. 1 March 1 April 1 May 1 Value of euro $1.15 $1.12 $1.11 $1.14 $1.17 What is the standard deviation of monthly percentage changes in the value of euro? a. 2.39% c. 2.64% b. 2.14% d. 2.29%
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