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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 Aggressive Fund Passive

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

2%

4%

-9

7%

3%

-8

1%

3%

-7

1%

3%

-6

8%

4%

-5

0%

3%

-4

5%

4%

-3

1%

4%

-2

2%

2%

Last Year

3%

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 = %

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