Case Study

Comparing Asset Benchmark Deviations

To complete the comparison report, state the exact step-by-step mathematical rules and procedures the manager must recall to simplify and compare the performance deviations of Fund A and Fund B. In your response, address the following:

  1. Describe the rule for simplifying the absolute value portion ∣−45∣|{}-45| and state what integer it evaluates to.
  2. Explain how the negative sign outside the absolute value in −∣−45∣-|{}-45| affects the final simplified value of Fund A's deviation.
  3. Compare the simplified integer values for Fund A and Fund B, and state which mathematical relation symbol (<<, >>, or ==) correctly represents the relationship between the two deviations.

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Updated 2026-09-19

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