Question: Here are the percentage returns on two stocks. Month Digital Cheese Executive Fruit January 17 % 9 % February 3 1 March 5 5 April
Here are the percentage returns on two stocks.
| Month | Digital Cheese | Executive Fruit | |||||
| January | 17 | % | 9 | % | |||
| February | 3 | 1 | |||||
| March | 5 | 5 | |||||
| April | 6 | 14 | |||||
| May | 4 | 2 | |||||
| June | 3 | 5 | |||||
| July | 2 | 4 | |||||
| August | 8 | 2 | |||||
a-1. Calculate the monthly variance and standard deviation of each stock. (Do not round intermediate calculations. Round your answers to 1 decimal places.)
b. Now calculate the variance and standard deviation of the returns on a portfolio that invests an equal amount each month in the two stocks. (Do not round intermediate calculations. Round your answers to 1 decimal places.)
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