Question
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 1.3 +23.5 +41.4 +10.4 +0.4 Market index 0.9 +16.0 +30.9 +11.7 0.7 Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Did Ms. Sauros do better or worse than the market index on these measures? The STANDARD DEVIATION IS WRONG
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