Question

The rate of return on Cherry Jalopies, Inc., stock over the last five years was 20...

The rate of return on Cherry Jalopies, Inc., stock over the last five years was 20 percent, 11 percent, -6 percent, 5 percent, and 8 percent. Over the same period, the return on Straw Construction Company’s stock was 16 percent, 19 percent, -3 percent, 2 percent, and 15 percent.

Calculate the variances and the standard deviations for Cherry and Straw.

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