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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

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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 are given for comparison. 2011 2012 2013 2014 2015 1.2 +23.4 +41.3 +10.3 +0.3 -0.8 +15.0 +30.8 +11.6 -0.6 Fund Market index Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Market Mesozoic Fund Return Portfolio Return 14.88 Average return 15.93 Standard deviation

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