Canadian equity funds and Canadian balanced equity funds can be compared for their percentages of foreign holdings.

Question:

Canadian equity funds and Canadian balanced equity funds can be compared for their percentages of foreign holdings. At the 0.05 significance level, test the claim that both types of funds have the same variance.

Based on data from mutual funds>Mutual Funds Update, published by the Bank of Montreal, March 31,1998.

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...