Problem 11-17 Average Return and Standard Deviation (LO3) In 2011-2015, 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.

Problem 11-17 Average Return and Standard Deviation (LO3) In 2011-2015, 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. 2011 2012 2013 2014 2015 1.2 +24.2 +42.1 +11.1 +0.6 -0.7 +18.0 +31.6 +10.1 -0.5 Fund Market index 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.) Mesozoic Portfolio Fund Return Return 15.25 Average return Standard deviation 11.79