Solution Found!
Referring to Exercise 43, the annual report of Dennis Industries also gave these returns
Chapter 0, Problem 44(choose chapter or problem)
QUESTION:
Referring to Exercise 43, the annual report of Dennis Industries also gave these returns on stockholder equity for the same five-year period (in percent): 13.2, 5.0, 10.2, 17.5, and 12.9. a. What is the arithmetic mean return? b. What is the variance?
Questions & Answers
QUESTION:
Referring to Exercise 43, the annual report of Dennis Industries also gave these returns on stockholder equity for the same five-year period (in percent): 13.2, 5.0, 10.2, 17.5, and 12.9. a. What is the arithmetic mean return? b. What is the variance?
ANSWER:Step 1 of 4
Given:
The annual report of Dennis Industries also gave these returns on stockholder equity for the same five-year period (in percent): 13.2, 5.0, 10.2, 17.5, and 12.9.