Question
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 12 percent, 12 percent, 19 percent, 24 percent, and 10 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 12 percent, 12 percent, 19 percent, 24 percent, and 10 percent. a. What was the arithmetic average return on Crash-n-Burns stock over this five-year period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) Average return 10.6 % b-1 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.) Variance b-2 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.) Standard deviation %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started