Find difference in the mean expense ratio among the stock

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Reference no: EM131456722

Question: Money magazine reports percentage returns and expense ratios for stock and bond funds. The following data are the expense ratios for 10 midcap stock funds, 10 small-cap stock funds. 10 hybrid stock funds, and 10 specialty stock funds ( Money. March 2003).

Use α = .05 to test for any significant difference in the mean expense ratio among the four types of stock funds.

Reference no: EM131456722

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