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In reference to the data sets above, please help me understand the following questions. Hoping for better understanding and clarification.... What is the mean return
In reference to the data sets above, please help me understand the following questions. Hoping for better understanding and clarification....
- What is the mean return rate?
- What is the standard deviation of the return rates? (I think this answer 5.58? Am I incorrect?)
- Half of the mutual funds have return rates of at least what percent?
- The top 10% of mutual funds have return rates of at least what percent?
- The lowest 25% of mutual funds have return rates below what percent?
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