Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. Returns Year X Y 1 13 % 21 % 2 31 42 3 20 -12 4 -21 -26 5 22 50 Requirement 1: (a) Calculate the arithmetic average return for X. (b) Calculate the arithmetic average return for Y. Requirement 2: (a) Calculate the variance for X. (Do not round intermediate calculations.) (b) Calculate the variance for Y. (Do not round intermediate calculations.) Requirement 3: (a) Calculate the standard deviation for X. (Do not round intermediate calculations.) (b) Calculate the standard deviation for Y. (Do not round intermediate calculations.)