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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 the market
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. Ms. Sauros S&P 500 2010 +24.9 +17.2 2011 2012 2013 2014 -0.9 +18.6 +42.1 +15.2 +1.0 +16.1 +33.1 +12.7 a. Calculate the average return and standard deviation of Ms. Sauros's mutual fund. (Use decimals, not percents, in your calculations. Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Average rate of return Standard deviation 19.98 % 15.61 % b. Did she do better or worse than the market by these measures? Ms. Sauros's rate of return was than the market's standard deviation. higher Answer is complete and correct. than the market's return and her standard deviation was higher
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