Question
Part 2: Resources that will help: Mean, Median, Range, Quartiles, Skewness Complete the following tables and upload with answers included. You will find the Excel
Part 2: Resources that will help: Mean, Median, Range, Quartiles, Skewness Complete the following tables and upload with answers included. You will find the Excel file titled Retirement Funds. Inside this file is a listing of types of fund and their returns over a specific number of years. There are six types of funds presented, including a) Large Growth, b) Large Value, c) Mid-Cap Growth, d) Mid-Cap Value, e) Small Growth, and f) Small Value. Please answer the following questions. Please describe the data for each fund at the 3-year return Fund Type Average Standard Deviation Minimum Maximum Quartile 1 Quartile 3 Skewness Large Growth Large Value Mid-Cap Growth
Fund Type Average Standard Deviation Minimum Maximum Quartile 1 Quartile 3 Skewness Mid-Cap Value Small Growth Small Value After filling in the table with the descriptive statistics, compare the funds using the data. Discuss what standard deviation means for funds and discuss skewness of a fund and why that might be important.
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