Question: Calculating Returns and Variability. Using the following returns, calculate the average returns, the variances, and the standard deviations for X and Y. Year X Y

Calculating Returns and Variability. Using the following returns, calculate the average returns, the variances, and the standard deviations for X and Y.

Year X Y

1 16% 36%

2 -17 -8

3 13 21

4 15 -15

5 24 39

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