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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 1.2 +24.8 +40.7 +11.1 +0.3
Market index 0.9 +16.0 +31.7 +10.9 0.7

a. 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.)

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Mesozoic Fund Return 15.14 Market Portfolio Return 32.03 24.93 Average return Standard deviation 11.40 X

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