PLEASE ANSWER ALL QUESTIONS CORRECTLY

a. Did elther manager outperform the index, based on the average annual return differential that he or she produced relative to the benchmark? Use a minus sign to enter negative values, if any. Do not round intermediate calculations. Round your answers to two decimal places. Manager A: Manager B: Is average return is less than the index and 's average exceeded that of the index. b. Calculate the tracking error for each manager relative to the index. Which manager did a better job of limiting his or her cieng's unsyatematic risk exposure? Do nat round intermediate calculations, Pound your answers to two decimal places. Manager A: Manager Bi did the better job of limiting the client's exposure to unsystematic risk as the difference between manager's retums and those of the index has a standard deviation