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During the boom years of 2010 2014, ace mutual fund manager Diana Sauros produced the following percentage rates of return. Rates of return on
During the boom years of 2010 2014, ace mutual fund manager Diana Sauros produced the following percentage rates of return. Rates of return on the market are given for comparison: 2010 2011 2012 2013 2014 Ms. Sauros +24.9 -0.9 +18.6 +42.1 +15.2 S&P 500 +17.2 +1.0 +16.1 +33.1 +12.7 Calculate the average return and standard deviation of Ms. Sauros's mutual fund. Did she do better or worse than the market by these measures?
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