During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows:

Year Aggressive Fund Passive Fund

-10 0% 3%

-9 8% 4%

-8 1% 4%

-7 4% 3%

-6 8% 3%

-5 1% 2%

-4 7% 2%

-3 2% 2%

-2 0% 4%

Last Year 5% 2%

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 =

Passive =

b) Compute the variance and standard deviation of the returns of the two funds.Round your answers to two decimal places.

Variance:

Aggressive =

Passive =

Standard Deviation:

Aggressive =%

Passive =%