Determine the monthly volatility for these freight costs? (Answer to 3 decimal places) Determine the annual volatility? (Answer to 3 decimal places)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The table below shows the freight costs per tonne recorded in the middle of the month for deliveries to a
remote construction site over 1 year:
January February March April May June July August September October November December
1787 1165 1015 1758 1671 1237 1976 1860 1391
1741 1969
1221
Determine the monthly volatility for these freight costs? (Answer to 3 decimal places)
Determine the annual volatility? (Answer to 3 decimal places)
Transcribed Image Text:The table below shows the freight costs per tonne recorded in the middle of the month for deliveries to a remote construction site over 1 year: January February March April May June July August September October November December 1787 1165 1015 1758 1671 1237 1976 1860 1391 1741 1969 1221 Determine the monthly volatility for these freight costs? (Answer to 3 decimal places) Determine the annual volatility? (Answer to 3 decimal places)
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