Consider return on investments A and B, you are required to find the expected return, variance and standard deviation on each. You are required to advice base on the return and the risk, which investment is to be preferred and why?
Rate of Return
Year (J) Investment A Investment B
2012 15.6% 8.4%
2013 12.7 12.9
2014 15.3 19.6
2015 16.2 17.5
2016 16.5 10.3
2017 13.7 21.3