Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You have just received an inheritance of $10,000 and you decide that you should invest the money rather than blow it on frivolous items. You have decided that you will invest the money in one of two types of mutual funds. The first type that you are considering follows a large-value approach to investing. This means that the mutual fund invests only in large, established companies that are considered to be a good bargain. The second type following a large-growth approach to investing. This means that the mutual fund invests in large companies that are experiencing solid revenue growth. To make an informed decision, you decide to reach the rate of return for the past 3 years for each type of mutual fund. The mutual fund must have a Morningstar rating of four or five stars.
The Morningstar mutual-fund rating system ranks mutual funds, using one to five stars. The stars divide the mutual-fund performances into quintiles: that is, a mutual fund with a one-star rating is in the bottom 20% of mutual funds in its category, a mutual fund with two-stars is in between the 21st and 40th percentile, and so on. These data can be found at www.morningstar.com or screen.yahoo.com/funds.html
1. Obtain a random sample of at least 15 mutual funds from each investment category. Determine the 3 years rate of return for each fund.
2. Obtain a 95% confidence interval for the difference between the mean rates of return. Interpret the interval.
3. Write a report detailing which investment category seems superior. Write a report (4-5 paragraphs) with supporting data supporting your conclusion. Take a screen shot of the results from Excel and paste them into your Word document.
Verified Expert
A mutual fund is an investment vehicle made up of a pool of moneys collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets
The sample mean talk time was 315 minutes with a standard deviation of 24 minutes. Why can we say that the sampling distribution of x is approximately normal?
If is the proportion of the next 100 shoppers that buy a packet of the crackers after tasting a free sample, then the probability that fewer than 30% buy a packet after tasting a free sample is approximately.
questionc1-tinternetgdpco2cellularfertilityliteracyalgeria0.656.0930.32.858.3argentina10.0811.323.819.32.496.9australia3
Problem based on combinatory - how many different license plates are possible?
Most traffic lights are set so that there is enough time for pedestrians to cross the road safely. A recent study indicates that a large number of elderly cannot get across the road in the usual 15 seconds allowed.
What is the R and adjusted R-square for all independent variables entered simultaneously and what variables provide a significant unique contribution(s)?
By using the age midpoints x and the percentages of nurses, do we have a valid probability distribution? Describe.
The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $36,789 and a standard deviation equal to $2,490.
Please use a combination of content and supportive examples.
Expected value, variance and standard deviation.A volunteer ambulance service handles 0 to 5 service calls on any given day. The probability distribution for the number of service calls is as follows.
Compute the five number System for this data set and list Xmin,Q1,Q2,Q3 & Xmax. See Videos and show how the pointer was computed for each quartile. (15%)
Apply the EOQ model to the following quantity discount situation in which D=500 units per year, C0=$40, and the annual holding cost rate is 20%. What order quantity do you recommend?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd