Question
Q1. I. Explain the difference between descriptive statistics and inferential statistics with relevant examples. II. Fair Hevan Mutual fund cooperation provides investment services over 10-year
Q1. I. Explain the difference between descriptive statistics and inferential statistics with relevant examples.
II. Fair Hevan Mutual fund cooperation provides investment services over 10-year period. The table below has information return on one of their investment funds over the past 5 years.
Year Total return (%) 2017 5.85 2018 7.65 2019 10.25 2020 -2.25 2021 1.25
a. Calculate the average and the standard deviation of return.
b. Calculate the geometric return.
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An Introduction to Measure Theoretic Probability
Authors: George G. Roussas
2nd edition
128000422, 978-0128000427
