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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 2% 8% -9 |-8 -7 1% 2% 6% 1% -6 Passive Fund 4% 4% 3% 3% 4% 4% 4% 3% 3% 4% 79% -5 -4 -3 -2 Last Year 2% 1% 3% Note that this is a sample of retums. 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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