Question

	Returns
Year	X			Y
1		17	%		22	%
2		31			32
3		12			16
4	–	24		–	29
5		10			23

Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. Fill in the table below. (Do not round intermediate calculations. Enter your average return and standard deviation as a percent rounded to 2 decimal places, e.g., 32.16, and round the variance to 5 decimal places, e.g., .16161.)

	X	Y
Average Returns	%	%
Variances
Standard Deviation	%	%

Answer 1