The rates of return on Cherry Jalopies, Inc., stock over the last five years were 24 percent, 11 percent, −6 percent, 7
Posted: Tue Jan 18, 2022 12:59 pm
The rates of return on Cherry Jalopies, Inc., stock over the
last five years were 24 percent, 11 percent, −6 percent, 7 percent,
and 10 percent. Over the same period, the returns on Straw
Construction Company’s stock were 16 percent, 23 percent, −5
percent, 3 percent, and 15 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.)
last five years were 24 percent, 11 percent, −6 percent, 7 percent,
and 10 percent. Over the same period, the returns on Straw
Construction Company’s stock were 16 percent, 23 percent, −5
percent, 3 percent, and 15 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.)