Five years after graduating from college, Lucia Li feels that she is finally ready to invest some of her earnings. She has eliminated her credit card debt and has established an emergency fund. Her parents have been pleased with the performance of their mutual fund investments with Janus Capital Group. She has narrowed her search down to two mutual funds:

The Janus Balanced Fund: This core fund consists of stocks and bonds and its goal is diversification. It has historically produced solid long-term returns through different market cycles.

The Janus Overseas Fund: This fund invests in overseas companies based on their individual merits instead of their geography or industry sector.

The following table reports the annual returns (in percent) of these two funds over he past 10 years.

Year	Janus Balanced Fund	Janus Overseas Fund
2000	-2.16	-18.57
2001	-5.04	-23.11
2002	-6.56	-23.89
2003	13.74	36.79
2004	8.71	18.58
2005	7.75	32.39
2006	10.56	47.21
2007	10.15	27.76
2008	-15.22	-52.75
2009	24.28	78.12

In a report, use the sample information to:

Calculate measures of central location to describe the similarities and the difference in these two funds returns. (Show your calculations). (3 marks)

Calculate the measures of dispersion to assess the risk of each fund. (Show your calculations). (4 marks)

Calculate the measures of correlation between the two funds (Show your calculations). (3 marks)