Using the information from the previous problem, calculate the variances and the standard deviations for Cherry and Straw.

In Problem 5

The rate of return on Cherry Jalopies, Inc., stock over the last five years was 17 percent, 11 percent, 22 percent, 3 percent, and 14 percent. Over the same period, the return on Straw Construction Company's stock was 16 percent, 18 percent, 26 percent, 1 percent, and 22 percent. What was the arithmetic average return on each stock over this period?