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In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on

In a recent 5-year period, 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.

1 2 3 4 5
Fund 1.2 +24.2 +42.1 +11.1 +0.6
Market index 0.7 +18.0 +31.6 +10.1 0.5

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.)

b. Did Ms. Sauros do better or worse than the market index on these measures?

average return ___________________for mesozoic fund return/ average return_________ for market portfolio fund?

standard deviation _______________ for mesozoic fund return _____________ for market portfolio fund?

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