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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:

YearAggressive FundPassive Fund
-100%4%
-96%4%
-80%4%
-71%2%
-67%2%
-52%4%
-49%2%
-32%3%
-20%3%
Last Year3%4%

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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