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 1.2 +24.9 +40.9 +11.9 +0.3
Market index 0.9 +14.0 +31.9 +11.2 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?
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