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You are considering two mutual funds from Fidelity as potential investment choices: FLGEX and FIGFX. FLGEX is a large-cap growth fund that invests in well-established,
You are considering two mutual funds from Fidelity as potential investment choices: FLGEX and FIGFX. FLGEX is a large-cap growth fund that invests in well-established, large-cap companies that are believed to have growth potential. FLGEX invests in companies such as Amazon, Apple, and Facebook. FIGFX is also a large-cap growth fund but is an International equity fund that focuses on non-US securities. FIGFX invests in companies such as Nestle, Alibaba Group, and AIA Group. Assume equal variance, is there a difference in means? 1. Formulate hypotheses. 1. Define critical value 2. Compute test statistics: T-stat 3. Making the statistical decision
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