Assume that for a 5-year period, large-company stocks had annual rates of return of 21.54 percent

Assume that for a 5-year period, large-company stocks had annual rates of return of 21.54 percent

Assume that for a 5-year period, large-company stocks had annual rates of return of 21.54 percent, -9.20 percent, -11.99 percent, -21.60 percent, and 29.39 percent. What is the variance of these returns?

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