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Using the following returns, calculate the arithmetic average returns, the varia

ID: 2620822 • Letter: U

Question

Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y Returns Year 2 4 20 % 8% 26 15 -16 17 -7 21 49 Requirement 1 (a) Calculate the arithmetic average return for X (Click to select) (b) Calculate the arithmetic average return for Y (Click to select) Requirement 2 (a) Calculate the variance for X. (Do not round intermediate calculations.) (Click to select) (b) Calculate the variance for Y. (Do not round intermediate calculations.) (Click to select) Requirement 3 (a) Calculate the standard deviation for X. (Do not round intermediate calculations.) (Click to select) (b) Calculate the standard deviation for Y. (Do not round intermediate calculations.) (Click to select)

Explanation / Answer


Year

Return X

Return Y

(Return X - Average return of X)^2

(Return Y - Average return of Y)^2

1

8.00%

20.00%

0.04000%

0.12960%

2

26.00%

41.00%

2.56000%

6.05160%

3

15.00%

-7.00%

0.25000%

5.47560%

4

-16.00%

-21.00%

6.76000%

13.98760%

5

17.00%

49.00%

0.49000%

10.62760%

Total

50.00%

82.00%

10.10000%

36.27200%

Six decimal places

a

Average Return X = Total X /5 =

10.000000%

b

Average Return Y = Total Y /5 =

16.400000%

a

Variance X = Total of ((Return X - Average return of X)^2)/5 =

2.020000%

b

Variance Y = Total of ((Return Y - Average return of Y)^2)/5 =

7.254400%

a

Standard deviation X = Variance X^0.5 =

14.212670%

b

Standard deviation Y = Variance Y^0.5 =

26.933993%

Year

Return X

Return Y

(Return X - Average return of X)^2

(Return Y - Average return of Y)^2

1

8.00%

20.00%

0.04000%

0.12960%

2

26.00%

41.00%

2.56000%

6.05160%

3

15.00%

-7.00%

0.25000%

5.47560%

4

-16.00%

-21.00%

6.76000%

13.98760%

5

17.00%

49.00%

0.49000%

10.62760%

Total

50.00%

82.00%

10.10000%

36.27200%