Question
Youve observed the following returns on SkyNet Data Corporations stock over the past five years: 12 percent, 12 percent, 19 percent, 24 percent, and 10
Youve observed the following returns on SkyNet Data Corporations 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 the company's stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) |
b-1. | What was the variance of the company's returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) |
b-2. | What was the standard deviation of the companys returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) AVERAGE RETURN IS 10.6% |
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