Mutual fund performance. The following histogram displays the monthly returns for a group of mutual funds considered aggressive (or high growth) over a period of 22 years from 1975 to 1997.

Here is the time series plot for the same data.

a) What features of the data can you see in the histogram that aren’t clear from the time series plot?

b) What features of the data can you see in the time series plot that aren’t clear in the histogram?

c) Which graphical display seems the more appropriate for these data? Explain.

d) Write a brief description of monthly returns over this time period.

Transcribed Image Text:

Frequency 70 60 50 40 30 20 28222 10 0 -20 -15 -10 -50 Growth-return 5 10 15