The following histogram displays the monthly returns for a group of mutual funds considered aggressive (or high-growth)

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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:

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

Here is the time series plot for the same data:

20 10 -10 -20 -30 1975 1980 1985 1990 1995 Time Monthly Retum


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 more appropriate for these data? Explain.

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

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...
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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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