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Wisconsin Company (WC) and Michigan Company (MC) are both service companies. Their stock returns for the past 3 months were as follows: WC: - 3

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Wisconsin Company (WC) and Michigan Company (MC) are both service companies. Their stock returns for the past 3 months were as follows: WC: - 3 percent, 4 percent, 8 percent; MC: 6 percent, 3 percent, -3 percent. 3) Calculate the variances of returns for WC and MC. (Ignore the correction for the loss of a degree of freedom set out in the text.) A) WC: 62.00; MC: 42.00 B) WC: 20.00; MC: 14.00 WC: 60; MC: 32.00 C) D) WC: 48.00; MC: 32.00

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