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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 1% 3%
-9 7% 2%
-8 1% 2%
-7 2% 2%
-6 6% 3%
-5 1% 4%
-4 7% 4%
-3 2% 4%
-2 1% 3%
Last Year 4% 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 =

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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