Question: A study wants to determine if the returns from several mutual funds are different. A random sample of 10 observations for each fund was collected.

A study wants to determine if the returns from several mutual funds are different. A random sample of 10 observations for each fund was collected. The worksheet "Mutual Fund" contains observations for monthly returns over the last year.

Specify the null and alternative hypothesis for a test to determine if at least one fund performs differently from the others. Let = .01

H0 :

Ha :

Explain the conceptual difference in the ANOVA for the Between group and Within group variation.

Report the p-value and perform the test. What is the conclusion of the test? That is, is there enough evidence to suggest that the funds perform differently. Explain your answer.

Perform a hypothesis test to determine if the Fidelity Group fund performed better than the Vanguard Retirement fund. Use = 0.05. State your null and alternative hypothesis along with the p-value from the test. Explain the result.

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