Please assist in finding the correct solution.

In a recent 5-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.

1 2 3 4 5

Fund 1.3 +23.9 +41.8 +10.8 +0.4

Market index 0.6 +15.0 +31.3 +9.8 0.8

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 2 decimal places.)

b.Did Ms. Sauros do better or worse than the market index on these measures?

Mesozoic Fund Market Portfolio

Return Return

a. Average Return __________________ _______________

Standard Deviation __________________ _______________

b. Did Ms. Sauros do better or

worse than the market index Better or Worse

measures?