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During the past 10 years, the percent retums on two mutual funds (aggressive and passive) expressed in percentages were as follows: Aggressive Fund 0% Passive

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During the past 10 years, the percent retums on two mutual funds (aggressive and passive) expressed in percentages were as follows: Aggressive Fund 0% Passive Fund 12% % Year -10 1-9 -8 -7 -8 6% 0% 19 M% 89 12% -5 -4 14% 2% 4% 3% 13% 2% 246 10% 1% 1% 4% 3 -2 Last Year Note that this is a sample of returns a) Compute the expected return for the two funds. Round your answers to two decimal places. Aggressive Number Passive = Number b) Compute the variance and standard deviation of the return of the two funds, Round your answers to two decimal places. Variance Aggressive = Number Passive Number Standard Deviation Aggressive Number Passive Number

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