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Robin is considering which fund to use for her 401k savings. She has three options, Fund A, Fund B, and Fund C. She decides to
Robin is considering which fund to use for her 401k savings. She has three options, Fund A, Fund B, and Fund C. She decides to do some research and examines the performance of the funds over the past four quarters. She finds a nice table displaying the performance of each fund compared to an index fund (the market return). She also finds reliable information that the probability a mutual fund manager beats the market in a given quarter is 25%.
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