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. The Variance and Standard DEVIATION ARE WRONG. You've observed the following returns

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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