What is the MAD and variance of the sample investment returns given below:
Answer: B - MAD=5.375%, VaR=54.25
I cannot get the correct figure on my BA II plus for MAD. I know I am entering the equation in correctly but I keep getting the answer as zero. I think the problem may lie in how I am entering in the value for 2006 (-7%) into my calculator but I am not sure.
Any help here would be appreciated. I have had a look through the elan guides text book but all the values are positive in that example and the solution they have provided for this question doesn’t explicitly tell you how to enter the values on the calculator.