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You've observed the following returns on Pine Computer's stock over the past five years: 1 4 percent, - 7 percent, 1 7 percent, 1 5
You've observed the following returns on Pine Computer's stock over the past five years:
percent, percent, percent, percent, and percent.
a What was the arithmetic average return on the company's stock over this fiveyear
period? Do not round Intermedlete calculetlons and enter your answer as a
percent rounded to declmel plece, eg
b What was the variance of the company's returns over this period? Do not round
Intermedlete calculetions and round your answer to declmel places, eg
b What was the standard deviation of the company's returns over this period? Do not
round Intermedlate calculations and enter your answer as a percent rounded to
declmal places, eg
Answer is complete but not entirely correct.
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