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 1996 to 2005.
Definitions:
Cost Of Production Report
A document that details the total cost and production quantities of a product or products over a specified period of time.
Job Cost Cards
Documents used to record and track the costs associated with a specific job or project, aiding in the calculation of profitability and efficiency.
Equivalent Units
A concept used in cost accounting to express the amount of work done by incomplete units in terms of complete units of output.
First-In, First-Out
An inventory valuation method that assumes goods are sold in the order they are acquired, so older inventory is used up first.
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