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Net assets for the 50 largest stock mutual funds show a median of $15 billion (The Wall Street Journal, March

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Net assets for the 50 largest stock mutual funds show a median of $15 billion (The Wall Street Journal, March 2, 2009). A sample of 10 of the 50 largest bond mutual funds follows.
Net assets for the 50 largest stock mutual funds show

Using the median, can it be concluded that bond mutual funds are smaller and have fewer net assets than stock mutual funds? Use α = .05.
a. What are the hypotheses for this test?
b. What is the p-value? What is your conclusion?

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...
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Bond Fund Bond Fund Fidelity Intl Bond Franklin CA TF American Funds Vanguard Short Term PIMCO: Real Return Net Assets 6.1 11.7 22.4 9.6 4.9 T Rowe Price New Income Vanguard GNMA Oppenheimer Intl Bond Dodge & Cox Income iShares: TIPS Bond Net Assets 6.9 15.0 6.6 14.5 9.6

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a H 0 Median 15 H a Median 15 b Dropping Vanguard GNMA with net assets of 15 billion the binomia…View the full answer


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Statistics For Business And Economics

Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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Question Posted: September 20, 2015 09:34:11
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