Liz decides to calculate the descriptive statistics of Ireland's stock market in the most recent years. She
Question:
Liz decides to calculate the descriptive statistics of Ireland's stock market in the most recent years. She wants to analyze only the last 3 years (2017-2019), Write the answer in percent format and round to the 2nd decimal place unless otherwise indicated. For extra , find the skewness and you need your work.
IRL DNK
2017 24.31% 32.90%
2018 -21.84% -15.74%
2019 29.97% 25.33%
1. What are the arithmetic and geometric mean for IRL only?
2. What is the standard deviation for IRL only?
Liz decides to invest in both Ireland and Denmark. She decides to put 60% in Latvia and 40 % in Denmark. Answer the following questions given that Denmark has ab average return of 14.16% and a standard deviation of 26.17%.
3. What is the portfolio return?
4. What is the portfolio standard deviation?
5. What is the covariance between the two returns (round to the 4th decimal place)?
6. What is the correlation and what does it indicate (round to the 4th decimal place)?
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese