Question: Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for Ely Company and PepperHat, Incorporated. (Do not round intermediate

Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for Ely Company and PepperHat, Incorporated. (Do not round intermediate calculations. Enter your average return and standard deviation answers as a percent rounded to 2 decimal places, e.g., 32.16, and round the variance answers to 5 decimal places, e.g., .16161.)
Year Year 2 N N Return 1 29.00% 38.00% 3 13.00% 4 -27.00% 5 18.00% Return 1 15.00% 28.00% 3 9.00% 4 -3.00% 5 13.00% average return 14.20% average return 12.40%
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