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In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison.
2011 | 2012 | 2013 | 2014 | 2015 | |
Fund | 1.3 | +24.2 | +40.2 | +11.2 | +0.4 |
Market index | 0.7 | +14.0 | +31.2 | +10.5 | 0.5 |
Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each.
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