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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

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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 the market index are given for comparison. nts Fund Market index 1 -1.5 -0.7 2. +23.3 +41.2 +14.0 +30.7 4 +10.2 +11.5 5 +0.2 -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? Answer is complete but not entirely correct. Mesozoic Fund Return 14.68 Market Portfolio Return 11.00 Average return a. Standard deviation 17.81 x 12.91 x b Did Ms. Sauros do better or worse than the market index on these measures? Better

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