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The rate of return on Cherry Jalopies, Inc., stock over the last five years was 15...

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Finance

The rate of return on Cherry Jalopies, Inc., stock over the lastfive years was 15 percent, 11 percent, -1 percent, 4 percent, and13 percent. Over the same period, the return on Straw ConstructionCompany’s stock was 16 percent, 20 percent, -3 percent, 1 percent,and 12 percent.

Calculate the variances and the standard deviations for Cherryand Straw. (Enter variance as a decimal and standarddeviation as a percent. Round your variance to 5 decimal places andstandard deviation to 2 decimal places. Omit the \"%\" sign in yourresponse.)

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3.8 Ratings (388 Votes)
Standard deviation of Cherry Jalopies Inc Standard deviation is a measure of the dispersion of a set of data from its mean It is calculated as the square root of variance by determining the variation between each data point relative to the mean In finance standard deviation is a statistical measurement when applied to the annual rate of return of an investment it sheds light on the historical volatility of that investment The greater the standard deviation of a    See Answer
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