2. Is Pink the best mix of Red and White? There's no rule that says a portfolio has to be an cqual mix of Iwo investments. (a) Find the mean and variance of a portfolio that has 60% invested in White and 40% invested in Red. (b) Does the portfolio in (a) outperform Pink in the long run? (c) How might you find a better mixture of Red and White? The example port filio Pink mixes Red and Whire. Might an investment that mixed Green and Red perform better? (a) Find the mean and variance of a portfolio 3i that mixes half Red and half Green. (b) Does this new mixture outpertorm Pink in the long run? 2. Is Pink the best mix of Red and White? There's no rule that says a portfolio has to be an cqual mix of Iwo investments. (a) Find the mean and variance of a portfolio that has 60% invested in White and 40% invested in Red. (b) Does the portfolio in (a) outperform Pink in the long run? (c) How might you find a better mixture of Red and White? The example port filio Pink mixes Red and Whire. Might an investment that mixed Green and Red perform better? (a) Find the mean and variance of a portfolio 3i that mixes half Red and half Green. (b) Does this new mixture outpertorm Pink in the long run