If you randomly select stocks in the investment universe, you will likely outperform the market approximately what percent of the time? A) 50% B) 45% C) 40% Please explain

Back Test Data below:

Factor 1
	Universe	Standard			% >
	Return	Deviation		% > Up	Down		% Total	Avg.			IC
	Return	Return Dispersion	PHR	UPHR	DPHR	Hit Rate	Turnover	MCap	Beta	IC	T-Stat
Universe	0.92	4.47				48.88	6.22	8,005	1.00	0.01	0.43
Q1	1.41	6.33	57.56	67.97	40.26	50.23	48.33	6,610	1.14	0.01	0.15
Q2	0.83	4.06	48.29	36.72	67.53	48.50	92.22	8,857	0.84	0.00	0.00
Q3	0.90	3.76	48.78	32.81	75.32	48.62	104.50	8,960	0.80	-0.01	-0.10
Q4	0.88	4.35	52.68	42.19	70.13	49.17	94.82	8,581	0.89	0.00	0.01
Q5	0.61	6.94	43.41	53.13	27.27	47.93	48.90	7,079	1.33	0.03	0.46