Net assets for the 50 largest stock mutual funds show a median of $15 billion (The Wall Street Journal, March
Using the median, can it be concluded that bond mutual funds are smaller and have fewer net assets than stock mutual funds? Use Î± = .05.
a. What are the hypotheses for this test?
b. What is the p-value? What is your conclusion?
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...
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Question Posted: September 20, 2015 09:34:11