The one-year return (in %) for 24 mutual funds is as follows: a. Construct a frequency distribution

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The one-year return (in %) for 24 mutual funds is as follows:

The one-year return (in %) for 24 mutual funds is

a. Construct a frequency distribution using classes of 220 up to 210, 210 up to 0, etc.
b. Construct the relative frequency, the cumulative frequency, and the cumulative relative frequency distributions.
c. How many of the funds had returns of at least 0% but less than 10%? How many of the funds had returns of 10% or more?
d. What percentage of the funds had returns of at least 10% but less than 20%? What percent of the funds had returns less than20%?

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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