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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 Aggressive Fund

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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 Aggressive Fund 12% 16% -9 Passive Fund 2% 4% 3% 3% 12% -8 10% |-7 12% 7% -6 -5 12% 12% -4 14% 3% -3 18% ||2% 1% 16% 12% -2. Last Year 12% 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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