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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:

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

1. 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.

2. 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.

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