Use the Table for the Question(s)below

question 35

Essay

Use the table for the question(s)below.
Consider the following realized annual returns:
-Using the data provided in the table,calculate the average annual return,the variance of the annual returns,and the standard deviation of the average returns for the market from 2000 to 2009.

---

Definitions:

Maritime Power

Maritime power refers to a nation's strength and capability in navigating, controlling, and utilizing the seas for military, trade, or exploration purposes.

Signoria

A form of government in Italian city-states during the medieval and Renaissance periods, characterized by rule by a single lord or a hereditary ruling family.

Medici

A powerful and influential family in Florence, Italy, during the Renaissance, known for their support of the arts, significant political control, and the production of four popes.

Merchant Capitalism

An early phase in the development of capitalism where trade and the merchant class played a primary role in economic life.