Question
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 13 percent, 8 percent, 16 percent, 16 percent, and 10 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 13 percent, 8 percent, 16 percent, 16 percent, and 10 percent. a. What was the arithmetic average return on Crash-n-Burns stock over this five-year period? What was the variance of Crash-n-Burns returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.) What was the standard deviation of Crash-n-Burns returns over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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