Question: Youve observed the following returns on Pine Computers stock over the past five years: 26.7 percent, 14.8 percent, 32.6 percent, 2.9 percent, and 21.9 percent.

Youve observed the following returns on Pine Computers stock over the past five years: 26.7 percent, 14.8 percent, 32.6 percent, 2.9 percent, and 21.9 percent. Round answers to 6 decimal places.

1. What was the arithmetic average return on the stock over this five-year period?

2. What was the variance of the returns over this period?

3. What was the standard deviation of the returns over this period?

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