The accompanying table shows a portion of the annual return (in %) for the Fidelity Select Technology

Question:

The accompanying table shows a portion of the annual return (in %) for the Fidelity Select Technology Fund and Fidelity Select Energy Fund from 2000 through 2016.

Technology Year Energy 2000 -32.30 31.77 2001 -31.70 -11.97 2016 11.94 33.84

a. Compare the sample means and the sample standard deviations of the two funds.

b. Use a risk-free rate of 2% to compare the Sharpe ratios of the two funds.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: