You've observed the following returns on Pine Computer's stock over the past five years: 8 percent, -12 percent, 14 percent, 21 percent, and 16 percent. What was the arithmetic average return on the company's stock over this five-year period? What was the variance 2 the company's returns over this period? The standard deviation? 3 4 Input area: 5 6 7 В 9 10 11 12 Year 1 2 3 4 17 18 Average return 19 Variance Returns 20 Standard deviation 21 8% -12% 14% 13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel 14 function to answers this question. Make sure to use the "sample" Excel formulas.) 15 16 Output area: 21% 16%

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
Section: Chapter Questions
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234567
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You've observed the following returns on Pine Computer's stock over
the past five years: 8 percent, -12 percent, 14 percent, 21 percent,
and 16 percent. What was the arithmetic average return on the
company's stock over this five-year period? What was the variance
2 the company's returns over this period? The standard deviation?
5 6 7 8 9 20 21 22
Home Insert Draw Formulas
15
Input area:
17
Year
1
2
3
4
16 Output area:
19 Variance
18 Average return
Calibri
20 Standard deviation
Data Review
Returns
B 田く
Av
固く General
fx Accessibility tab summary: Students please use the information below to complete the question comp
B
CD
E
F
G
H
1
K
8%
-12%
14%
21%
16%
13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel
14 function to answers this question. Make sure to use the "sample" Excel formulas.)
Search (Option+Q)
View
Help
...
J
Transcribed Image Text:Excel McGraw Hill Excel Question - Saved File A1 1 234567 7 8 9 10 11. 12 You've observed the following returns on Pine Computer's stock over the past five years: 8 percent, -12 percent, 14 percent, 21 percent, and 16 percent. What was the arithmetic average return on the company's stock over this five-year period? What was the variance 2 the company's returns over this period? The standard deviation? 5 6 7 8 9 20 21 22 Home Insert Draw Formulas 15 Input area: 17 Year 1 2 3 4 16 Output area: 19 Variance 18 Average return Calibri 20 Standard deviation Data Review Returns B 田く Av 固く General fx Accessibility tab summary: Students please use the information below to complete the question comp B CD E F G H 1 K 8% -12% 14% 21% 16% 13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel 14 function to answers this question. Make sure to use the "sample" Excel formulas.) Search (Option+Q) View Help ... J
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