Consider the following annual returns of Estee Lauder and Lowe's Companies:
Estee Lauder Lowe's Companies
|
Estee Lauder
|
Lowe's Companies
|
|
Year 1
|
23.4
|
%
|
6.0
|
%
|
|
Year 2
|
26.0
|
|
16.1
|
|
|
Year 3
|
17.6
|
|
4.2
|
|
|
Year 4
|
49.9
|
|
48.0
|
|
|
Year 5
|
16.8
|
|
19.0
|
|
Compute each stock's average return, standard deviation, and coefficient of variation. (Round your answers to 2 decimal places.)
Estee Lauder Lowe's Companies
Average return % %
Standard deviation % %
Coefficient of variation
Which stock appears better?
Estee LauderLowe's Companies