Can we conclude that the 3 different kinds of mutual funds generate about the same average rate

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Can we conclude that the 3 different kinds of mutual funds generate about the same average rate of return? Do a 5 % test, using a one-way ANOVA.


Use the following information to answer question. A company operates three mutual funds. The managers of these mutual funds invest the money entrusted to them in different kinds of assets. The rates of return in the last 5 years are recorded in the following table.image text in transcribed

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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