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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: Passive Fund Aggressive Fund
During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows: Passive Fund Aggressive Fund 10% 14% 10% 120 16 Year |-10 1-9 1-8 |-7 1-6 -5 -4 -3 -2 Last Year 18% 142 4% 2% 15% 3% 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 = 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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