Listed is the annual rate of return (reported in percent) for a sample of 12 taxable mutual

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Listed is the annual rate of return (reported in percent) for a sample of 12 taxable mutual funds.

4.63 4.15 4.76 4.70 4.65 4.52 4.70 5.06 4.42 4.51 4.24 4.52

Using the .05 significance level, is it reasonable to conclude that the mean rate of return is more than 4.50%?

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Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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