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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 | 1.3 | +24.6 | +40.6 | +11.6 | +0.4 |
Market index | 0.6 | +18.0 | +31.6 | +10.9 | 0.4 |
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?
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