Question
A senior analyst working for Ameritrade has reviewed purchases his customers have made over the last six months. He has categorized the mutual funds purchased
A senior analyst working for Ameritrade has reviewed purchases his customers have made over the last six months. He has categorized the mutual funds purchased into eight categories: Aggressive Growth (AG) - Growth (G) - Growth-Income (G-I) - Income Funds (IF) - International (I) - Asset Allocation (AA) - Precious Metal (PM) - Bond (B). The percentage gains (%) accrued by 3 randomly selected customers (C1, C2 and C3), in each group are as follows: Mutual Fund AG G G-I IF I AA PM B C1 6 7 5 1 14 -3 5 -1 C2 7 -2 6 0 13 7 7 3 C3 12 0 2 6 10 7 5 2 P
a a. Develop the appropriate ANOVA table to determine if there is a difference in the average percentage gains accrued by his customers among the mutual fund types. Use a significance level of 0.05. (5 marks) VXEE. Develop the appropriate ANOVA table to determine if there is a difference in the average percentage gains accrued by his customers among the mutual fund types. Use a significance level of 0.05.
b. Use the Tukey-Kramer procedure to determine which mutual fund |
type has the highest average percentage gain. Use an experiment wide |
error rate of 0.05 |
Hi ? I only really need help on part B?. I done part a already on excel??.but couldn?t figure out part b?. |
A senior analyst working for Ameritrade has reviewed purchases his customers have made over the last six months. He has categorized the mutual funds purchased into eight categories: Aggressive Growth (AG) - Growth (G) - Growth-Income (G-I) Income Funds (IF) International (I) - Asset Allocation (AA) Precious Metal (PM) Bond (B). The percentage gains (%) accrued by 3 randomly selected customers (C1, C2 and C3), in each group are as follows: Mutual Fund A G G IF I AA PM B G -I C1 6 7 5 1 14 -3 5 -1 C2 7 - 6 0 13 7 7 3 2 C3 1 0 2 6 10 7 5 2 2 a. Develop the appropriate ANOVA table to determine if there is a difference in the average percentage gains accrued by his customers among the mutual fund types. Use a significance level of 0.05. b. Use the Tukey-Kramer procedure to determine which mutual fund type has the highest average percentage gain. Use an experiment wide error rate of 0.05 Hi ... I only really need help on part B.... I done part a already on excel.......but couldn't figure out part b
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