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Mulual funds are becoming an increasingly popu investment alternative among small investors. To help investors decide on the particular lund to invest in various publications

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Mulual funds are becoming an increasingly popu investment alternative among small investors. To help investors decide on the particular lund to invest in various publications regulorly report the average annual rate ol return achieved by each of more than 100 mulus funds during the past 10 years. Some publication also indicates each funds level of risk by classifying the historical variability of each funds rate of retum as high. intermediate, or low. If the annual (percentage) tales of return over the past 10 years for two mutual funds are as follows, use standard deviation to indicates, which fund you would classify as having the higher level of risk. (3 Marks) Fund A 8 6 20 24 30 27 25 18 12 6 Fund B

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