The annual returns for three portfolios are shown in the following table. Portfolios P and R were created in 2009, Portfolio Q in 2010.

**Annual Portfolio Returns (%)****2009 2010 2011 2012 2013** Portfolio R 1.0 –1.0 4.0 4.0 3.0

**Q.** The median annual return from portfolio creation to 2013 for:

a.Portfolio P is 4.5%.

b.Portfolio Q is 4.0%.

c.Portfolio R is higher than its arithmetic mean annual return.

**C is correct.** The median of Portfolio R is 0.8% higher than the mean for Portfolio R.

Im getting a Mean of 2.2 & Median of 4 … 4 - 2.2 = 1.8