Question: The brief case for Chapter 4 listed the rate of

The brief case for Chapter 4 listed the rate of return for 92 mutual funds over the previous 3-year and 5-year periods. It’s common for advertisements to carry the disclaimer that “past returns may not be indicative of future performance.” Do these data indicate that there was an association between 3-year and 5-year rates of return?

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  • CreatedMay 15, 2015
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