Here are the results for the given returns of X and Y:

1. Average Returns:

   • X: $8.40\%$
   • Y: $14.60\%$

2. Variance:

   • X: $260.300000$
   • Y: $535.800000$

3. Standard Deviation:

   • X: $16.13\%$
   • Y: $23.15\%$

Would you like further details or have any questions?

Here are some related questions you might consider:

1. How do average returns affect portfolio performance over time?
2. What does the variance indicate about the risk associated with X and Y?
3. How does the standard deviation relate to the expected range of returns?
4. Could you interpret the relative riskiness of X and Y based on their standard deviations?
5. How would adding these assets to a portfolio impact its overall volatility?

Tip: Standard deviation provides insight into the volatility of an investment, indicating the range in which returns are expected to fall.