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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