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:
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 more appropriate for these data? Explain.
d) Write a brief description of monthly mutual fund returns over this time period.
Mutual FundsMutual 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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Related Book For
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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