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Calculations to be done to the 4th decimal place. Question 3 - 10 Marks The following rates of returns on a Canadian Balanced Mutual Fund
Calculations to be done to the 4th decimal place. Question 3 - 10 Marks The following rates of returns on a Canadian Balanced Mutual Fund have been provided from 2011 to 2020: 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 9.2% 16.1% 4.2% -9.1% 3.7% 2.3% 9.8% 11.7% 7.4% -2.1% (a) Calculate the interquartile range of the rate of returns. What does this tell you about the returns and what are the implications? (b) Calculate the arithmetic mean and the geometric mean of the rate of returns. Why do they differ? (c) What type of graph would be best to use to describe these returns? Why? (d) What is the median return in the last 5 and 10 years? What has been the percentage growth rate in the median returns over the last 5 years? (e) What is the mode return over the 10-year period
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