Assuming that the distribution of XYZ stock returns is a sample, the sample variance is closest to:

XYZ Corp. Annual Stock Prices

2003 2004 2005 2006 2007 2008

22% 5% -7% 11% 2% 11%


Assuming that the distribution of XYZ stock returns is a sample, the sample variance is closest to:



A. 5.0%2.

B. 72.4%2.

C. 96.3%2.



Answer: C


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