The accompanying table shows a portion of the annual return (in %) for the Fidelity Select Technology
Question:
The accompanying table shows a portion of the annual return (in %) for the Fidelity Select Technology Fund and Fidelity Select Energy Fund from 2000 through 2016.
a. Compare the sample means and the sample standard deviations of the two funds.
b. Use a risk-free rate of 2% to compare the Sharpe ratios of the two funds.
Transcribed Image Text:
Technology Year Energy 2000 -32.30 31.77 2001 -31.70 -11.97 2016 11.94 33.84
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a The Fidelity Select Energy Fund has a higher mean annual return and a lower sa...View the full answer
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9781259957611
3rd Edition
Authors: Sanjiv Jaggia
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