A senior analyst working for Ameritrade has reviewed purchases his customers have made over the last six
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A senior analyst working for Ameritrade has reviewed purchases his customers have made over the last six months. He has categorized the mutual funds purchased into eight categories: (1) Aggressive Growth (AG), (2) Growth (G), (3) Growth-Income (G-I), (4) Income Funds (IF), (5) International (I), (6) Asset Allocation (AA), (7) Precious Metal (PM), and (8) Bond (B). The percentage gains accrued by 3 randomly selected customers in each group are as follows:
b. Use the Tukey-Kramer procedure to determine which mutual fund type has the highest average percentage gain. Use an experiment-wide error rate of 0.05.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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