Question
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.
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
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.)
B) Ms. sauros's rate of return was _______ (higher or lower) then the markets return and her standard deviation was _________ (higher or lower) than the markets standard deviation
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