Question: Problem 12-7 Calculating Returns and Variability [LO1] Returns Year X Y 1 14 % 18 % 2 28 29 3 9 10 4 21 26

Problem 12-7 Calculating Returns and Variability [LO1]

Returns

Year

X

Y

1

14

%

18

%

2

28

29

3

9

10

4

21

26

5

10

20

Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. (Do not round intermediate calculations. Enter your average return and standard deviation as a percent rounded to 2 decimal places, e.g., 32.16, and round the variance to 5 decimal places, e.g., 32.16161.)

X

Y

Average return

8 %

10.2 %

Variance

Standard deviation

%

%

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