The daily stock returns for one week (5 trading days) was observed as : - 0.1, 0, 0.07, 0.11, 0.17. What is the sample variance of stock returns?

To calculate the sample variance, we first need to find the mean (average) of the data set.

Step 1: Calculate the mean (average) Add all the numbers together and then divide by the number of observations. (-0.1 + 0 + 0.07 + 0.11 + 0.17) / 5 = 0.05

Step 2: Subtract the mean from each number (the Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.