In a recent 5tear period, mutual fund manager Diana sharks produced the following percentage rates of return for the Mesozoic fund. Rates of return on the market index are given for comparison.  A. Calculate the average return on both the fund and the index and the standard deviation of the returns on each.  Did Ms. Sauros do better or worse than the market index on these measures?

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter3: Data Visualization
Section: Chapter Questions
Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...
icon
Related questions
Question

In a recent 5tear period, mutual fund manager Diana sharks produced the following percentage rates of return for the Mesozoic fund. Rates of return on the market index are given for comparison. 

A. Calculate the average return on both the fund and the index and the standard deviation of the returns on each. 
Did Ms. Sauros do better or worse than the market index on these measures? 

Help
Save & Exit
Subr
In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoid
Fund. Rates of return on the market index are given for comparison.
Fund
Market index
Wi-1.3 +23.5 +41.4 +10.4 +0.4
-0.9 +16.0 +30.9 +11.7 -0.7
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 Intermedlate calculations. Round your answers to 2 decimal places.)
b. Did Ms. Sauros do better or worse than the market index on these measures?
Mesozoic Fund Market Portfolio
Return
Return
Average return
a.
Standard deviation
Did Ms. Sauros do better or worse than the
b.
market index on these measures?
< Prev
6 of 17
Next >
FEB
W
12
cBook Pro
Transcribed Image Text:Help Save & Exit Subr In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoid Fund. Rates of return on the market index are given for comparison. Fund Market index Wi-1.3 +23.5 +41.4 +10.4 +0.4 -0.9 +16.0 +30.9 +11.7 -0.7 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 Intermedlate calculations. Round your answers to 2 decimal places.) b. Did Ms. Sauros do better or worse than the market index on these measures? Mesozoic Fund Market Portfolio Return Return Average return a. Standard deviation Did Ms. Sauros do better or worse than the b. market index on these measures? < Prev 6 of 17 Next > FEB W 12 cBook Pro
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 5 images

Blurred answer
Knowledge Booster
Investment in Stocks
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials of Business Analytics (MindTap Course …
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning
Pfin (with Mindtap, 1 Term Printed Access Card) (…
Pfin (with Mindtap, 1 Term Printed Access Card) (…
Finance
ISBN:
9780357033609
Author:
Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:
Cengage Learning
PFIN (with PFIN Online, 1 term (6 months) Printed…
PFIN (with PFIN Online, 1 term (6 months) Printed…
Finance
ISBN:
9781337117005
Author:
Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:
Cengage Learning