Question: The Variance and Standard DEVIATION ARE WRONG. You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 12 percent, 12
The Variance and Standard DEVIATION ARE WRONG. 
You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 12 percent, 12 percent, 19 percent, 24 percent, and 10 percent. a. What was the arithmetic average return on the company's stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) b-1. What was the variance of the company's returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) b-2. What was the standard deviation of the company's returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Average return 10.6 % b-1. Variance 13.81304 b-2. Standard deviation 1.91%
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