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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 -10

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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 -10 Aggressive Fund 1% 7% 4% -9 14% -8 1% 3% 12% |-7 3% 8% 14% -6 -5 2% 2% -4 10% -3 11% 4% 2% 4% 4% 1-2 Last Year 0% 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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