The Wall Street Journal provides the net asset value, the year-to-date percent return, and the three-year percent

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The Wall Street Journal provides the net asset value, the year-to-date percent return, and the three-year percent return for 748 mutual funds (The Wall Street Journal, December 15, 2014). Assume that a simple random sample of 12 of the 748 mutual funds will be selected for a follow-up study on the size and performance of mutual funds. Use the fourth column of the random numbers in Table 7.1, beginning with 51102, to select the simple random sample of 12 mutual funds. Begin with mutual fund 102 and use the last three digits in each row of the fourth column for your selection process. What are the numbers of the 12 mutual funds in the simple random sample?
Table 7.1
63271 59986 71744 51102 15141 80714 58683 93108 13554 79945 88547 63754 08459 09896 95436 79115 08303 01041 20030 28364
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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Essentials Of Statistics For Business And Economics

ISBN: 9781337114172

8th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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