Over the past five years, Redstone Enterprises produced returns of 31%, 38%, -41%, 8%, and 15%. The mean of these returns is _____% and the standard deviation is _____%.

Question

Quizplus · Accepted Answer

The mean return is calculated as the average of the returns: (31 + 38 - 41 + 8 + 15) / 5 = 10.2%. The standard deviation is calculated using the formula for standard deviation of a sample, resulting in approximately 31.04%.

Over the Past Five Years, Redstone Enterprises Produced Returns of 31