Question
Youve observed the following returns on Barnett Corporations stock over the past five years: 29.4 percent, 16.6 percent, 36.2 percent, 3.8 percent, and 22.8 percent.
Youve observed the following returns on Barnett Corporations stock over the past five years: 29.4 percent, 16.6 percent, 36.2 percent, 3.8 percent, and 22.8 percent. What was the arithmetic average return on the stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return % What was the variance of the returns over this period? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) Variance
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