Kiplingers (August 2007) lists the assets (in billions of $) for the 20 largest stock mutual funds
Question:
Kiplingers (August 2007) lists the assets (in billions of $) for the 20 largest stock mutual funds (ranked by size) as follows:
a. Construct a frequency distribution using classes of 40 up to 70, 70 up to 100, etc. b. Construct the relative frequency distribution, the cumulative frequency distribution, and the cumulative relative frequency distribution. c. How many of the funds had assets of at least $100 but less than $130 (in billions)? How many of the funds had assets less than $160 (in billions)? d. What percent of the funds had assets of at least $70 but less than $100 (in billions)? What percent of the funds had assets less than $130 (in billions)? e. Construct a histogram. Comment on the shape of thedistribution.
Mutual Funds Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...Distribution The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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a Assets in billions Frequency 40 up to 70 9 70 up to 100 8 100 up to 130 2 130 up to 160 0 1...View the full answer
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