An investment in a mutual fund achieves returns of 3.19% (2018), 6.44% (2019), 13.73% (2020), -8.55% (2021),

Fantastic news! We've Found the answer you've been seeking!

Question:

An investment in a mutual fund achieves returns of 3.19% (2018), 6.44% (2019), 13.73% (2020), -8.55% (2021), and 23.97% (2022)?

What would the standard deviation be? Round to two decimals places for all calculations?

Related Book For answer-question

Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

See More Books

Posted Date: Jan 29, 2023 11:48 PM

See More Questions

An investor buys shares in a mutual fund for $20 per share. At the end of the year the fund distributes a dividend of $0.58, and after the distribution the net asset value of a share is $23.41. What...
An investor buys shares in a mutual fund for $20. At the end of the year the fund distributes a dividend of $0.58, and after the distribution the net asset value of a share is $24.31. What is the...
An investor buys 100 shares in a mutual fund on January 1, 2015, for $50 each. The fund earns dividends of $2 and $3 per share during 2015 and 2016. These are reinvested in the fund. The funds...
Suppose that there is parity between the Australian dollar and the United States dollar. Let x be a positive number and assume that the United States dollar increases by 100x % in Australian dollars....
Due to rapid turnover in the accounting department, a number of transactions involving intangible assets were improperly recorded by the Buek Company in 2014. 1. Buek developed a new manufacturing...
A 50 kg sprinter, starting from rest, runs 50 m in 7.0 s at constant acceleration. a. What is the magnitude of the horizontal force acting on the sprinter? b. What is the sprinters power output at...
Use the all-possible-regressions selection on the fuel consumption data in Table B.18. Perform a thorough analysis of the best candidate models. Compare your results with stepwise regression....
Xerox's iGenX high-speed commercial printers cost $1.5 billion to develop. The machines cost $500,000 to $750,000 depending on what options the client selects. Spectrum Imaging Systems is considering...
es Determine the ending balance of each of the following T-accounts. Accounts Payable Cash 140 90 2,400 340 100 3,300 60 540 10 Supplies 10,400 1,500 4,200 9,200 Accounts Receivable 800 190 190 190...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
London NV has two different types of perpetual bonds outstanding. The callable bond has the call premium of three annual coupons and it is callable after three years. The company is determined to...
Two years ago your friend opened a Bed-n-Breakfast on Cameno Island and asked you to estimate the current value of the business.After asking a bunch of questions you determined that the present value...
1. In CA, a CPA can take or pay a commission under very limited circumstances. If a online software such as Quickbooks or Freshbooks wants to take 25% of the bookkeeping fee for use of the platform,...
As the manager of a company you wish to invest in a new machine which costs 4 million. the annual interest rate is 6%. the expected increase in revenue from the new machine in 2025 and 2026 is...
The standalone income statements Magenta Corporation and its wholly owned subsidiary, Vegas Co., for 2XX2 are presented below: Magenta Vegas Sale revenue $1,560,000 $273,000 Cost of goods sold...
Ensuring that financial reporting is done ethically and within the legal framework is vital for trust and accountability. Analyze each of the following questions in no more than 50 words How would...
In April 2009, Company X sold $400 million principal amount of 12.25% senior notes due 2017. During fiscal 2009, they retired approximately $448 million principal amount of senior notes and other...
How does Kant answer Humes bundle theory of self? Do you think he is successful?
A company sends a random sample of 16 of its salespeople to a course designed to increase their motivation and, hence, presumably their effectiveness. In the following year these people generated...
Consider a study to assess the readability of financial report messages. The effectiveness of the written message is assessed using a standard procedure. Financial reports were given to independent...
Show the probability distribution function of the number of heads when three fair coins are tossed independently.
Suppose a species of bacteria divides once every 20 minutes. You start with a single bacterium on your unrefrigerated egg-and-baloney sandwich at 8:00 am. Show that when you sit down to lunch at...
The lightest and heaviest flying birds are the bee hummingbird of Cuba, which weighs about 1.6 grams, and the great bustard of Europe and Asia, which can weigh as much as 21 kilograms. Show that the...
What is a chemoautotroph? What does a chemoautotroph have in common with a plant? How does a chemoautotroph differ from a plant in how it obtains food?

An investment in a mutual fund achieves returns of 3.19% (2018), 6.44% (2019), 13.73% (2020), -8.55% (2021),

Question:

Expert Answer:

The detailed answer for the above question is provided below Answer ... View the full answer

Statistics For Business And Economics

Students also viewed these finance questions