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Pepsi [2]
3 years ago
8

Over the past five years, a stock returned 8.4 percent, 8.7 percent, 3.2 percent, 1.5 percent, and 11.5 percent, respectively. W

hat is the variance of these returns
Business
1 answer:
yanalaym [24]3 years ago
3 0

Answer: 0.001731

Explanation:

To solve the variance, we have to calculate the mean first. This will be the addition of the sticks given which is then divided by 5. This will be:

= (0.084 + 0.087 + 0.032 + 0.015 + 0.115) / 5

= 0.0666

We then calculate the variance as shown below:

Variance = [(0.084 - 0.0666)² + (0.087 - 0.0666)² + (0.032 - 0.0666)² + (0.015 - 0.0666)² + (0.115 - 0.0666)²] / 5 - 1

= [0.000303 + 0.000416 + 0.001197 + 0.002663 + 0.002343] / 4

Variance = 0.001731

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Pierre was served with a summons indicating that he had thirty days to respond
irinina [24]

Answer: Answer

Explanation: just took quiz quiz on edge

8 0
3 years ago
a study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts rec
erica [24]

The deadweight loss is $90.6.

<h3>How to calculate the loss?</h3>

The study suggested that the average recipient's valuation of the gift received was approximately 90% of the actual purchase price of the gift.

This means there's a loss of 10% in value constitute the deadweight loss.

Average amount spent on gift = $906

Percentage loss in value = 10% or 0.10

Calculate the deadweight loss -

= Average amount spent on gifts * Percentage loss in value

DWL = $906 * 0.10

The deadweight loss would be $90.6.

Learn more about dead weight loss on:

brainly.com/question/15415492

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A study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. the study suggested that the average recipient’s valuation was approximately 90% of the actual purchase price.

Calculate the deadweight loss if the average amount is $906.

8 0
1 year ago
The Federal Reserve manages the nation’s currency and money supply by manipulating interest rates and acting as a lender to bank
Tomtit [17]

Answer: Setting interest rates and acting as a lender to banks

Explanation: The Fed or the Federal reserve is a central banking authority in any nation. It is responsible for maintaining the money supply in the economy. Some of the functions performed by the central bank are,

a. Setting interest rates and acting as a lender to banks

b. Print currency notes and coins

c. Setting the repo and the reverse repo rates

d. Clearing inter bank payments.

Therefore, the correct option is Setting interest rates and acting as a lender to banks.

5 0
3 years ago
Read 2 more answers
Some discount stores put products in large bins and let consumers hunt and find bargains. the price these consumers pay includes
sammy [17]

I guess the correct answer is the value of their time and energy.

Some discount stores put products in large bins and let consumers hunt and find bargains. The price these consumers pay includes the value of their time and energy.

5 0
3 years ago
A company received a bank statement with a balance of $ 6 comma 300. Reconciling items included a bookkeeper error of $ 400long
larisa [96]

Answer:

Bank adjusted balance 5,720

Explanation:

6,300

-840 outstanding check

+260 deposit in ransit

5,720 bank adjustment balance

<em><u>Notes:</u></em>

  • the bookkepper error needs to be done on books cash account
  • the service charge are included in the bank statemnt, is at adjustment to the book cash
  • the interest revenue is also 22 an adjustment for the book cash account
6 0
3 years ago
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