Hi can you help me by providing a detailed solutions to part a, b and c? Thank you!

Fidelity Fund 20.61

Forthis Advtg Cap App 13.38

Founders Blue Chip Fund 17.15

Goldman Core Fixed Income 10.38

Heartland Value 18.15

Janus Fund 15.82

Manstay Cap Appriciation 17.29

Merrill Spec Value 16.42

Mutual Beacon 19.49

Oberweis Emerging Growth 11.06

Paine Webber Growth & Income 13.89

Pimco Total Return 8.43

Prudential Equity 18.29

Putnam Growth & Income 17.80

Royce FD Micro-Cap 17.05

Scudder Development 12.80

Smith Barney Appreciation 15.09

Stein Roe Capital Oppty 19.70

T Rowe Price Balanced 13.57

Thompson Plumb Growth 18.58

USAA Growth & Tax Strat 11.89

Vanguard Equity Income 19.00

Vanguard Windsor 20.71

Vontobel Intl Equity 13.56

Weith Value 19.82

part a) Formulate the Null and Alternate hypothesis such that rejection of the null leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period.

part b) Test the hypothesis that you have designed at a 5% level of significance

part c) Write down the Type I error for this hypothesis test and explain the consequence of making this type 1 error from the perspective of the financial advisor.