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In a recent 5-year period, mutual fund manager Goldie Touch produced the following percentage rates of return for the Mesozoic Fund. Rates of return on
In a recent 5-year period, mutual fund manager Goldie Touch produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. Calculate:
- the average return on both the fund and the index
- the standard deviation of the returns on each.
- Did Ms. Goldie Touch do better or worse than the market index on these measures?
1 2 3 4 5 Fund -1.2 +24.8 +40.7 +11.1 +0.3 Market Index -0.9 +16.0 +31.7 +10.9 -0.7
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