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During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follow Year Aggressive Fund 1%
During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follow Year Aggressive Fund 1% 17% Passive Fund 4% 10 -9 8 0% 13% 7 4% 4% 16 6% 4% 15 0% 4% 14 8% 13% 3 2% 2% 2 13% 13% 12% Last Year 5% 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 = 3.50 Passive = 3.20 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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