Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund. The no-load funds do not require this initial fee. Some financial advisors argue that the load mutual funds may be worth the extra fee because these funds provide a higher mean rate of return than the no-load mutual funds. A sample of 30 load mutual funds and a sample of 30 no-load mutual funds were selected. Data were collected on the annual return for the funds over a five-year period. The data are contained in the data set Mutual. The data for the first five load and first five no-load mutual funds are as follows. Mutual Funds-Load Return American National Growth 15.51 Arch Small Cap Equity 14.57 Bartlett Cap Basic 17.73 Calvert World International 10.31

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E STATISTICS F/BUSINESS+ECONOMICS-TEXT
< Chapter 10, Problem 40SE >
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Bartlett Cap Basic
17.73
Problem 41SE
Calvert World International
10.31
Problem 42SE
Colonial Fund A
16.23
Problem 43SE
Amana Income Fund
13.24
Problem 44SE
Berger One Hundred
12.13
Columbia International Stock 12.17
Dodge & Cox Balanced
16.06
Evergreen Fund
17.61
a. Formulate H, and H such that rejection of H, leads to the
conclusion that the load mutual funds have a higher mean
annual return over the five-year period.
b. Use the 60 mutual funds in the data set Mutual to conduct
the hypothesis test. What is the p-value? At a =.05, what is
your conclusion?
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Check out a sample textbook solution.
See solution
FREE OUESTIONS
Transcribed Image Text:E STATISTICS F/BUSINESS+ECONOMICS-TEXT < Chapter 10, Problem 40SE > Give your brain a boost. Try 5 free Q&As with our subject matter experts now. > Bartlett Cap Basic 17.73 Problem 41SE Calvert World International 10.31 Problem 42SE Colonial Fund A 16.23 Problem 43SE Amana Income Fund 13.24 Problem 44SE Berger One Hundred 12.13 Columbia International Stock 12.17 Dodge & Cox Balanced 16.06 Evergreen Fund 17.61 a. Formulate H, and H such that rejection of H, leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period. b. Use the 60 mutual funds in the data set Mutual to conduct the hypothesis test. What is the p-value? At a =.05, what is your conclusion? Want to see the full answer? Check out a sample textbook solution. See solution FREE OUESTIONS
Math / Statistics / ST...
| Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund...
Mutual funds are classified as load or no-load funds. Load funds require an investor to p...
Give your brain a boost. Try 5 free Q&As with our subject matter experts now. >
STATISTICS
Chapter 10, Problem 40SE
F/BUSINESS+ECONOMICS-
Want to see this answer and more?
Statistics
Business & Economics
TE...
Textbook Problem
Solutions are written by subject experts
13th Edition
who are available 24/7. Questions are
Buy 2
Anderson
typically answered in as fast as 30
Publisher: CENGAGE L
minutes.*
Mutual funds are classified as load or no-load funds. Load funds
ISBN: 9781305881884
require an investor to pay an initial fee based on a percentage of
the amount invested in the fund. The no-load funds do not require
See Solution
Solutions
this initial fee. Some financial advisors argue that the load mutual
funds may be worth the extra fee because these funds provide a
*Response times vary by subject and
Chapter
question complexity. Median response time
higher mean rate of return than the no-load mutual funds. A
is 34 minutes and may be longer for new
10 Inference About Means And Pi -
sample of 30 load mutual funds and a sample of 30 no-load mutual
subjects.
funds were selected. Data were collected on the annual return for
Section
the funds over a five-year period. The data are contained in the
data set Mutual. The data for the first five load and first five
Chapter Questions
no-load mutual funds are as follows.
Problem 38SE
Mutual Funds-Load
Return
Problem 39SE
American National Growth
15.51
Arch Small Cap Equity
14.57
Problem 40SE
Bartlett Cap Basic
17.73
Problem 41SE
Calvert World International
10.31
FREE OUESTIONS
Transcribed Image Text:Math / Statistics / ST... | Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund... Mutual funds are classified as load or no-load funds. Load funds require an investor to p... Give your brain a boost. Try 5 free Q&As with our subject matter experts now. > STATISTICS Chapter 10, Problem 40SE F/BUSINESS+ECONOMICS- Want to see this answer and more? Statistics Business & Economics TE... Textbook Problem Solutions are written by subject experts 13th Edition who are available 24/7. Questions are Buy 2 Anderson typically answered in as fast as 30 Publisher: CENGAGE L minutes.* Mutual funds are classified as load or no-load funds. Load funds ISBN: 9781305881884 require an investor to pay an initial fee based on a percentage of the amount invested in the fund. The no-load funds do not require See Solution Solutions this initial fee. Some financial advisors argue that the load mutual funds may be worth the extra fee because these funds provide a *Response times vary by subject and Chapter question complexity. Median response time higher mean rate of return than the no-load mutual funds. A is 34 minutes and may be longer for new 10 Inference About Means And Pi - sample of 30 load mutual funds and a sample of 30 no-load mutual subjects. funds were selected. Data were collected on the annual return for Section the funds over a five-year period. The data are contained in the data set Mutual. The data for the first five load and first five Chapter Questions no-load mutual funds are as follows. Problem 38SE Mutual Funds-Load Return Problem 39SE American National Growth 15.51 Arch Small Cap Equity 14.57 Problem 40SE Bartlett Cap Basic 17.73 Problem 41SE Calvert World International 10.31 FREE OUESTIONS
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