Question
Following is the yearly total returns (in percent) of one mutual fund: Year Return Year Return 1993 14.8% 1998 9.2% 1994 4.5% 1999 3.8%
Following is the yearly total returns (in percent) of one mutual fund: Year Return Year Return 1993 14.8% 1998 9.2% 1994 4.5% 1999 3.8% 1995 33.3% 2000 13.1% 1996 20.3% 2001 1.6% 1997 28.8% 2002 -13.0% (1) Calculate the arithmetic mean return and geometric mean return (2) Using formula discussed in class, calculate the skewness and kurtosis of the annual rates of returns of the following fund. Cross check your works with built-in function in Microsoft Excel. (function "SKEW", and "KURT")
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Statistics
Authors: Robert S. Witte, John S. Witte
11th Edition
1119254515, 978-1119254515
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