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During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows: Year Passive Fund 14%
During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows: Year Passive Fund 14% -10 19 Aggressive Fund p% 17% 11% 2% 13% 4% 18 117 2% 16 19% 4% 13% 5 p% 7% -4 4% 3 1% 2% 2% 12 1% Last Year 13% 3% 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 returns 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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