A student wants to estimate the percentage of mutual funds whose shares went up in price last

Question:

A student wants to estimate the percentage of whose shares went up in price last week. She selects every tenth fund listing in the Mutual Fund pages of the newspaper, and calculates the percentage of those in which the share price increased. Discuss. 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...