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serg [7]
3 years ago
12

you've observed the following returns on crash-n-Burn computers stock over the past five years: 17 percent, -4 percent, 20 perce

nt, 12 percent, and 10 percent. a) what was the arithmetic average return on the company's stock over this five year periods?
Business
1 answer:
Anastaziya [24]3 years ago
6 0

Answer:  11%

Explanation:

Arithemetic mean is the average of a set of numeric variables that is calculated by adding them up and dividing by the number of variables there are.

= (0.17 + (-0.04) + 0.2 + 0.12 + 0.10)/5

= 0.55/5

= 0.11

= 11%

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