# Question

BusinessWeek published information on 283 equity mutual funds (BusinessWeek, January 26, 2004). A sample of 40 of those funds is contained in the data set Mutual Fund. Use the data set to answer the following questions.

a. Develop a point estimate of the proportion of the BusinessWeek equity funds that are load funds.

b. Develop a point estimate of the proportion of funds that are classified as high risk.

c. Develop a point estimate of the proportion of funds that have a below-average risk rating.

a. Develop a point estimate of the proportion of the BusinessWeek equity funds that are load funds.

b. Develop a point estimate of the proportion of funds that are classified as high risk.

c. Develop a point estimate of the proportion of funds that have a below-average risk rating.

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