Best Buy's returns over the last 5 years are as follows: 7%, -12%, -10%, 38%, and 16%.
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Question:
Best Buy's returns over the last 5 years are as follows: 7%, -12%, -10%, 38%, and 16%.
Calculate the arithmetic average return over the 5-year span. Also calculate the variance and standard deviation. Please, show your work (6 points) (Hint: Variance S2 = ((x - xbar)2)/n -1
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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