3-year Return Fund Name ( % ) AB Growth Advisor AB Growth I AB Large Cap Growth A AB Large Cap Growth Advis AB Large Cap Growth I AB Large Cap Growth K AB Large Cap Growth Z Akre Focus Instl Akre Focus Supra Institut Alger Focus Equity Z Baron Fifth Avenue Growth Brown Advisory Growth Equ Brown Advisory Sustainabl Brown Advisory Sustainabl Calvert Equity A Calvert Equity I 20.62 20.77 19.82 20.11 20.12 19.71 20.23 22.37 22.49 20.59 22.22 22.12 19.93 19.78 19.83 20.22 DF Dent Premier Growth In Edgewood Growth Instl Fidelity Advisor Equity Fidelity Advisor® Growth Fidelity Advisor Growth Fidelity Advisor® Growth Fidelity Advisor Series Fidelity® Blue Chip Growt 21.75 20.03 19.6 27.32 27.67 27.83 28.75 20.45 21.84708 Mean Stnd Dev 2.909647 Confi 1,189117 3-year Return ( % ) Fund name AB Relative Value Advisor AB Relative Value I American Century Equity I BMO Low Volatility Equity BMO Low Volatility Equity Carillon Eagle Growth & I Carillon Eagle Growth & I Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Commerce Value Diamond Hill Large Cap Y DWS CROCI Equity Dividend Edgar Lomax Value Gotham Large Value Instit 12.17 12.17 11 11.66 11.97 13.12 13.22 13.71 13.99 13.99 14.08 14.17 13.7 11 13.02 14.52 12.67 14.44 Hartford Dividend and Gro Hartford Dividend and Gro Hartford Dividend and Gro Hartford Dividend and Gro Hartford Dividend and Gro JPMorgan Equity Income A 13.22 13.02 13.02 13.13 13.1 12.24 Mean 13.01375 Stnd Dev 0.998458867 Confi 0.40805091

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Question

Using the Retirement funds spreadsheet, please determine if there is a significant difference between the average rate of return on Large Value and Large Growth stock funds.

  1. What are the two variables of interest?

 

 

2. Write a null and alternative hypothesis statement


3. At the 95% significance level, is there significant evidence of a difference between the fund rate of returns?

3-year
Return
Fund Name
( % )
AB Growth Advisor
AB Growth I
AB Large Cap Growth A
AB Large Cap Growth Advis
AB Large Cap Growth I
AB Large Cap Growth K
AB Large Cap Growth Z
Akre Focus Instl
Akre Focus Supra Institut
Alger Focus Equity Z
Baron Fifth Avenue Growth
Brown Advisory Growth Equ
Brown Advisory Sustainabl
Brown Advisory Sustainabl
Calvert Equity A
Calvert Equity I
20.62
20.77
19.82
20.11
20.12
19.71
20.23
22.37
22.49
20.59
22.22
22.12
19.93
19.78
19.83
20.22
DF Dent Premier Growth In
Edgewood Growth Instl
Fidelity Advisor Equity
Fidelity Advisor® Growth
Fidelity Advisor Growth
Fidelity Advisor® Growth
Fidelity Advisor Series
Fidelity® Blue Chip Growt
21.75
20.03
19.6
27.32
27.67
27.83
28.75
20.45
21.84708
Mean
Stnd Dev
2.909647
Confi
1,189117
Transcribed Image Text:3-year Return Fund Name ( % ) AB Growth Advisor AB Growth I AB Large Cap Growth A AB Large Cap Growth Advis AB Large Cap Growth I AB Large Cap Growth K AB Large Cap Growth Z Akre Focus Instl Akre Focus Supra Institut Alger Focus Equity Z Baron Fifth Avenue Growth Brown Advisory Growth Equ Brown Advisory Sustainabl Brown Advisory Sustainabl Calvert Equity A Calvert Equity I 20.62 20.77 19.82 20.11 20.12 19.71 20.23 22.37 22.49 20.59 22.22 22.12 19.93 19.78 19.83 20.22 DF Dent Premier Growth In Edgewood Growth Instl Fidelity Advisor Equity Fidelity Advisor® Growth Fidelity Advisor Growth Fidelity Advisor® Growth Fidelity Advisor Series Fidelity® Blue Chip Growt 21.75 20.03 19.6 27.32 27.67 27.83 28.75 20.45 21.84708 Mean Stnd Dev 2.909647 Confi 1,189117
3-year
Return
( % )
Fund name
AB Relative Value Advisor
AB Relative Value I
American Century Equity I
BMO Low Volatility Equity
BMO Low Volatility Equity
Carillon Eagle Growth & I
Carillon Eagle Growth & I
Columbia Dividend Income
Columbia Dividend Income
Columbia Dividend Income
Columbia Dividend Income
Columbia Dividend Income
Columbia Dividend Income
Commerce Value
Diamond Hill Large Cap Y
DWS CROCI Equity Dividend
Edgar Lomax Value
Gotham Large Value Instit
12.17
12.17
11
11.66
11.97
13.12
13.22
13.71
13.99
13.99
14.08
14.17
13.7
11
13.02
14.52
12.67
14.44
Hartford Dividend and Gro
Hartford Dividend and Gro
Hartford Dividend and Gro
Hartford Dividend and Gro
Hartford Dividend and Gro
JPMorgan Equity Income A
13.22
13.02
13.02
13.13
13.1
12.24
Mean
13.01375
Stnd Dev
0.998458867
Confi
0.40805091
Transcribed Image Text:3-year Return ( % ) Fund name AB Relative Value Advisor AB Relative Value I American Century Equity I BMO Low Volatility Equity BMO Low Volatility Equity Carillon Eagle Growth & I Carillon Eagle Growth & I Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Columbia Dividend Income Commerce Value Diamond Hill Large Cap Y DWS CROCI Equity Dividend Edgar Lomax Value Gotham Large Value Instit 12.17 12.17 11 11.66 11.97 13.12 13.22 13.71 13.99 13.99 14.08 14.17 13.7 11 13.02 14.52 12.67 14.44 Hartford Dividend and Gro Hartford Dividend and Gro Hartford Dividend and Gro Hartford Dividend and Gro Hartford Dividend and Gro JPMorgan Equity Income A 13.22 13.02 13.02 13.13 13.1 12.24 Mean 13.01375 Stnd Dev 0.998458867 Confi 0.40805091
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