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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 -9 -8
During the past 10 years, the percent returns on two mutual funds (aggressive and passive) expressed in percentages were as follows: Year -10 -9 -8 -7 6 -5 3 -2 Last Year Aggressive Fund 0% 7% 1% 4% 9% 0% 10% 1% 1% 6% Variance: 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 Aggressive Number b) Compute the variance and standard deviation of the returns of the two funds. Round your answers to two decimal places. Passive Number Standard Deviation: Passive Fund 4% 2% 4% 3% Aggressive = Number % Passive Number Vo 2% 3% 4% 4% 3% 2%
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