Over the past five years a stock returned 83 percent 325 per

Over the past five years, a stock returned 8.3 percent, -32.5 percent, -2.2 percent, 46.9 percent, and 11.8 percent, respectively. What is the variance of these returns? 0.076290 O 0.071188 0081504 ? 0091306 O 0.082547

Solution

use var.s function in Excel for the following selection

Variance = 0.081504

1	8.30%
2	-32.50%
3	-2.20%
4	46.90%
5	11.80%