1. You are given data in today's meeting file on several other funds (under "Monthly Index Raw Data"). Consider the data given for Fund B and Fund C.Perform a style analysis on each of these funds and try to determine/describe each funds style. We will discuss your results in class.

2. Consider the choice model given below:

Choice

Choice Choice Probability Product 0 1 (no buy) [1 + exp(1.25 - .8p,) + exp(1.5 - .8p2) + exp(1.75 - .8p3) + exp(2 - .8p4)] Product 1 exp (1.25 - .8p1) [1 + exp(1.25 - .8p,) + exp(1.5 - .8p2) + exp(1.75 - .8p3) + exp(2 -.8p4)] Product 2 exp (1.5 - .8p2) [1 + exp(1.25 - .8p,) + exp(1.5 - .8p2) + exp(1.75 - .8p3) + exp(2 - .8p4)] Product 3 exp(1.75 - .8p3) [1 + exp(1.25 - .8p,) + exp(1.5 - .8p2) + exp(1.75 - .8p3) + exp(2 - .8p4)] Product 4 exp(2 - .8p4) [1 + exp(1.25 - .8p, ) + exp(1.5 - .8p2) + exp(1.75 - .8p3) + exp(2 - .8p4)]