Refer to Data Set 10 in Appendix B and categorize the listed one-year returns for mutual funds

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Refer to Data Set 10 in Appendix B and categorize the listed one-year returns for mutual funds as poor (up to 24%), fair (above 24% to 36%), good (above 36% to 48%), or excellent (above 48%). Test the claim that in the year sampled, the returns were evenly distributed among the four categories. Use the 0.05 level of significance.
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...
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Elementary Statistics

ISBN: 9780321225979

3rd Canadian Edition

Authors: Mario F. Triola

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