There are a very large number of mutual funds from which an investor can choose. Each mutual

Question:

There are a very large number of from which an investor can choose. Each mutual fund has its own mix of different types of investments. The data in BestFunds1 present the one year return for the 10 best short term bond funds and the 10 best long term bond funds, according to the U. S. News & World Report. (Data extracted from money.usnews.com/ Analyze the data and determine whether any differences exist between short term and long term bond funds. (Use the 0.05 level of significance.)

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...