Use the table below showing the return of a portfolio and it's target benchmark for the past 8 quarters. What is the tracking error of the portfolio? What type of manager would you say this manager is based on the level of the tracking error? Quarter rP rl 1 9.0% 5.5% 2 2 7.0% 8.0% 3 10.5% 12.5% 4 1.5% 2.0% 5 13.0% 14.0% 6 13.0% 10.0% 7 2.0% 3.0% 8 7.0% 8.0% O 1.02%; active 5.02%; active O 0.94%; passive O 4.11%; active