The accompanying table shows a portion of the annual return (in percent) for the Fidelity Select Technology
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The accompanying table shows a portion of the annual return (in percent) for the Fidelity Select Technology Fund and Fidelity Select Energy Fund from 2000 through 2011. The entire data set, labeled Fidelity_Select, can be found on the text website.
a. Compare the sample mean and the sample standard deviation of the two fund returns.
b. Use a risk-free rate of 2% to compare the Sharpe ratios of the twofunds.
Transcribed Image Text:
Year 2000 2001 Technology 24.31 -38.55 Energy 30.47 12.49 2011 12.21 8.76
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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