Pax World Balanced is a highly respected, socially responsible mutual fund of stocks and bonds. Vanguard Balanced Index is another highly regarded fund that represents the entire U.S. stock and bond market (an index fund). The mean and standard deviation of annualized percent returns are shown below. The annualized mean and standard deviation are for a recent 10-years period.†. Pax World Balanced: x = 9.43%; s = 14.13% Vanguard Balanced Index: x = 9.06%; s = 12.56% (a) Compute the coefficient of variation for each fund

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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Pax World Balanced is a highly respected, socially responsible mutual fund of stocks and bonds. Vanguard Balanced Index is another highly regarded fund that represents the entire U.S. stock and bond market (an index fund). The mean and standard deviation of annualized percent returns are shown below. The annualized mean and standard deviation are for a recent 10-years period.†.

Pax World Balanced: x = 9.43%; s = 14.13%
Vanguard Balanced Index: x = 9.06%; s = 12.56%
(a) Compute the coefficient of variation for each fund
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