F IL E (Use Excel) The accompanying table shows annual return data from 2001 2009 for Vanguard's
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F IL E (Use Excel) The accompanying table shows annual return data from 2001– 2009 for Vanguard's Balanced Index and European Stock Index mutual funds. The data can also be accessed from the text website, labeled Vanguard Balanced and European Funds. PG-69
a. Set up the hypotheses to test w hether mean returns of the tw o funds differ.
b. W hat is the value o f the test statistic and its associated p -value given unequal population standard deviations?
c. At the 5% significance level, w hat is the conclusion?
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