Question
Below table represents a sample of 402 Mutal Funds. There are two categorical variables - Fund type and Risk Level. Fund type consists of two
Below table represents a sample of 402 Mutal Funds. There are two categorical variables - Fund type and Risk Level. Fund type consists of two categories - Growth Fund and Value Fund. Risk level category consists of three categories - Low, Medium, and High risk mutual funds.
Fund Type | Risk Level | Mutal Funds |
Growth Fund | Low | 15 |
Growth Fund | Medium | 198 |
Growth Fund | High | 53 |
Value Fund | Low | 24 |
Value Fund | Medium | 97 |
Value Fund | High | 15 |
1. Please construct a contingency table with Fund types and Risk level. Show fund type in rows and Risk Level in columns. Also please create an additional contingency table based on percentage of overall total. Briefly explain at least two facts that fascinates you. 2. Please construct a table and bar chart showing marginal distribution in percent for Row variable. Briefly explain the table details. 3. Please construct a table and bar chart showing marginal distribution in percent for Column variable. Briefly explain the table details.
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