Problem 1-6 Calculating Variability (L04, CFA2) The rates of return on Cherry Jalopies, Inc., stock over the last five y

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Problem 1 6 Calculating Variability L04 Cfa2 The Rates Of Return On Cherry Jalopies Inc Stock Over The Last Five Y 1 (112.13 KiB) Viewed 34 times

Problem 1-6 Calculating Variability (L04, CFA2) The rates of return on Cherry Jalopies, Inc., stock over the last five years were 15 percent, 11 percent, – 1 percent, 4 percent, and 13 percent. Over the same period, the returns on Straw Construction Company's stock were 16 percent, 20 percent, -3 percent, 1 percent, and 12 percent. Calculate the variances and the standard deviations for Cherry and Straw. (Do not round intermediate calculations. Enter your variance as a decimal rounded to 5 decimal places. Enter your standard deviation as a percent rounded to 2 decimal places.) X Answer is complete but not entirely correct. Straw Cherry 35.84000 Variance 77.36000 Standard deviation 5.99 X % 8.80 X %