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The annual report of Dennis Industries also gave these returns on stockholder equity for the same
5-year period (in percent): 13.2, 5.0, 10.2, 17.5, and 12.9. Assume these are population values.
(Round your answers to 2 decimal places.) Required: a. What is the arithmetic mean return? b.
What is the variance?

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The annual report of Dennis Industries also gave these returns on stoc.pdf

  • 1. The annual report of Dennis Industries also gave these returns on stockholder equity for the same 5-year period (in percent): 13.2, 5.0, 10.2, 17.5, and 12.9. Assume these are population values. (Round your answers to 2 decimal places.) Required: a. What is the arithmetic mean return? b. What is the variance?