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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 -10 -9 -8
During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows: Year -10 -9 -8 -7 -6 Aggressive Fund 1% 17% 1% 1% 6% 1% 15% 2% 1% 3% Passive Fund 12% 2% 4% 14% |3% 4% 3% 2% 3% 12% -5 -4 -3 -2 Last Year 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 = 2.80 Passive = 2.90 b) Compute the variance and standard deviation of the returns of the two funds. Round your answers to two decimal places. Variance Aggressive = 0.0005 Passive = 0.00007 Standard Deviation: Aggressive = 2.35 % Passive = 0.88 %
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