The rates of return on Cherry Jalopies, Inc., stock over the last five years were 14 percent, 11 percent, −1 percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Company’s stock were 16 percent, 19 percent, −2 percent, 2 percent, and 11 percent.
Calculate the variances and the standard deviations for Cherry and Straw. (Do not round intermediate calculations. Enter your variance as a decimal rounded to 5 decimal places. Enter your standard deviation as a percent rounded to 2 decimal places.)
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