Figure 16 displays the histogram obtained in Example 4 for the five-year rate of return for large-blended

Question:

Figure 16 displays the histogram obtained in Example 4 for the five-year rate of return for large-blended mutual funds. Describe the shape of the distribution.

Approach We compare the shape of the distribution displayed in Figure 16 with those in Figure 15.


Figure 15

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Data from Example 4

Construct a frequency and relative frequency histogram of the five-year rate of- return data discussed in Example 3.


Data from Example 3

Suppose you are considering investing in a Roth IRA. You collect the data in Table 12, which represent the five-year rate of return (in percent, adjusted for sales charges) for a simple random sample of 40 large-blended mutual funds. Construct a frequency and relative frequency distribution of the data.

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