QUESTIONS 19 THROUGH 32 RELATE TO QUANTITATIVE METHODS
31. The most recent returns of a fund are as follow:
Year Return (%)
2007
–20.60
2008
15.00
2009
0.50
2010
9.80
2011
4.60
The mean absolute deviation of returns for the fund is closest to:
A. 9.53%.
B. 11.91%.
C. 13.69%.