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Question - IBBSTON and Sinquefield reported the returns on small-company stocks and US treasury bills from 1986-1991 as follows:
Year
Small stocks
Treasury bills
86
6.85%
6.16%
87
-9.3
5.47
88
22.87
6.35
89
10.18
8.37
90
-21.56
7.81
91
44.63
5.60
Required - Calculate the average return, variances, standard deviations respectively and compare them.
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