Problem $11-17$ Average Return and Standard Deviation $($LO$3)$

In a recent $5-$year perlod, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozolc Fund. Rates of return on the market Index are given for comparison.

$\backslash$table$[[,1,2,3,4,],[\backslash$table$[[$Fund$],[$Market index$]],\backslash$table$[[-1\mathrm{.}5],[-0\mathrm{.}8]],\backslash$table$[[+24\mathrm{.}8],[+16\mathrm{.}0]],\backslash$table$[[+40\mathrm{.}8],[+31\mathrm{.}8]],+11\mathrm{.}8,+0\mathrm{.}2]]$

a$.$ Calculate $($a$)$ the average return on both the Fund and the Index, and $($b$)$ the standard devlation of the returns on each.

Note: Do not round Intermedlate calculatlons. Round your answers to $2$ decimal places.

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

$\backslash$table$[[,\backslash$table$[[$Mesozoic Fund$],[$Return$]],\backslash$table$[[$Market Portfolio$],[$Return$]]],[$a$.$ Average return,,$],[$a$.$ Standard deviation,,$],[\backslash$table$[[$b$.$ Did Ms$.$ Sauros do better or worse than the$],[$market index on these measures?$]],,]]$