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An article in the September 20, 2006, issue of Fortunes compares the annual returns for U.S. Stock funds. According to the article, the mean return
An article in the September 20, 2006, issue of Fortunes compares the annual returns for U.S. Stock funds. According to the article, the mean return for the Legg Mason Value Primary fund is 29.4 percent with a standard deviation of 17.3 percent, while the mean return for the Reynolds Blue Chip Growth fund is 23.7 percent with standard deviation of 17.5 percent. (i) Compute the coefficient of variation for each fund (ii) Comment on the difference in coefficient of variation
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