Question: a. Construct a table that tabulates type, fees, and risk. b. What conclusions can you reach concerning differences among the types of mutual funds (intermediate
b. What conclusions can you reach concerning differences among the types of mutual funds (intermediate government and short-term corporate), based on fees (yes or no) and the risk factor (low, average, and high)?
c. Compare the results of (b) with those shown in Figure 2.18.
Figure 2.18.
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1 Multidimensional Contingency Table of Type, Risk, and Fees 3 Count of Fees 4 Type 5 Intermediate Government Above Fees Risk Yes No Grand Total 29 32 26 87 30 37 30 97 184 average 15 13 14 19 20 53 23 30 24 Average Below average 8 Intermediate Government Total 34 9 Short Term Corporate A 10 Above average Average Below average 7 12 Short Term Corporate Total 13 Grand Total 20 54 130
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a Count of Risk Fees Risk Type No Yes Grand Total Above Average Intermediate Government 944 889 1833 ... View full answer
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