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Problem 1 1 - 1 7 Average Return and Standard Deviation ( LO 3 ) In a recent 5 - year period, mutual fund manager
Problem Average Return and Standard Deviation LO
In a recent 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.
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 decimal places.
b Did Ms Sauros do better or worse than the market index on these measures?
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