2. The following table shows a sample of the expense ratios for different types of stock funds. Use a 95% ANOVA test using Excel to see if the mean expense ratios for all types of stock funds are the same. Be sure to show the appropriate Ho and Ha along with your conclusion. Print your Excel spreadsheet for this problem, attach it to your problem set and save this for future reference. Mid-Cap Funds 1.3 1.1 1.0 1.3 1.3 1.7 1.4 1.3 1.3 1.7 Small-Cap Funds 2.0 1.4 1.5 1.8 1.6 2.2 1.9 1.5 1.4 1.8 Hybrid Funds 2.0 2.4 1.5 1.5 2.3 1.0 .09 1.4 1.4 .08 Specialty Funds 1.3 2.6 2.9 2.3 1.6 1.5 1.9 2.4 2.2 .09

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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2.
The following table shows a sample of the expense ratios for different types of stock funds. Use a 95%
ANOVA test using Excel to see if the mean expense ratios for all types of stock funds are the same. Be
sure to show the appropriate Ho and Ha along with your conclusion. Print your Excel spreadsheet for
this problem, attach it to your problem set and save this for future reference.
Mid-Cap Funds
1.3
1.1
1.0
1.3
1.3
1.7
1.4
1.3
1.3
1.7
Small-Cap Funds
2.0
1.4
1.5
1.8
1.6
2.2
1.9
15
1.4
1.8
Hybrid Funds
2.0
2.4
1.5
1.5
2.3
1.0
.09
1.4
1.4
.08
Specialty Funds
1.3
2.6
2.9
2.3
1.6
1.5
1.9
2.4
2.2
.09
Transcribed Image Text:2. The following table shows a sample of the expense ratios for different types of stock funds. Use a 95% ANOVA test using Excel to see if the mean expense ratios for all types of stock funds are the same. Be sure to show the appropriate Ho and Ha along with your conclusion. Print your Excel spreadsheet for this problem, attach it to your problem set and save this for future reference. Mid-Cap Funds 1.3 1.1 1.0 1.3 1.3 1.7 1.4 1.3 1.3 1.7 Small-Cap Funds 2.0 1.4 1.5 1.8 1.6 2.2 1.9 15 1.4 1.8 Hybrid Funds 2.0 2.4 1.5 1.5 2.3 1.0 .09 1.4 1.4 .08 Specialty Funds 1.3 2.6 2.9 2.3 1.6 1.5 1.9 2.4 2.2 .09
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