Question: please slove step by step 7. Calculating Returns and Variability Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations
7. Calculating Returns and Variability Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y: Returns Year X Y 12% 14% 29 01 AWNA -33 17 37
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