he data set below on the left represents the annual rate of return (in percent) of eight randomly sampled bond nutual funds, and the data set below on the right represents the annual rate of return (in percent) of eight randomly sampled stock mutual funds. Use the information in the table below to complete parts (a) through (d). Then complete part (e). (a) Determine the mean and standard deviation of each data set The mean of the data set for bond mutual funds is (Type an integer or decimal rounded to three decimal places as needed) Bond mutual funds Stock mutual O funds The standard deviation of the data set for bond mutual funds is 3.1 1.7 9.3 7.5 (Type an integer or decimal rounded to three decimal places as needed) 1.8 3.3 9.0 7.3 The mean of the data set for stock mutual funds is 2.3 2.6 8.3 7.1 (Type an integer or decimal rounded to three decimal places as needed 1.5 1.9 8.0 6.8 The standard deviation of the data set for stock mutual funds is (Type an integer or decimal rounded to three decimal places as needed) have more spread (b) Based only on the standard deviation, leviation of the mean? (c) What proportion of the bond mutual fur bond mutual funds stock mutual funds 1) (Type an integer or decimal rounded to thr What proportion of the stock mutual funds are within one standard deviation of the mean? Click to select your answer(s). 507 AM 2/26/2021
he data set below on the left represents the annual rate of return (in percent) of eight randomly sampled bond nutual funds, and the data set below on the right represents the annual rate of return (in percent) of eight randomly sampled stock mutual funds. Use the information in the table below to complete parts (a) through (d). Then complete part (e). (a) Determine the mean and standard deviation of each data set The mean of the data set for bond mutual funds is (Type an integer or decimal rounded to three decimal places as needed) Bond mutual funds Stock mutual O funds The standard deviation of the data set for bond mutual funds is 3.1 1.7 9.3 7.5 (Type an integer or decimal rounded to three decimal places as needed) 1.8 3.3 9.0 7.3 The mean of the data set for stock mutual funds is 2.3 2.6 8.3 7.1 (Type an integer or decimal rounded to three decimal places as needed 1.5 1.9 8.0 6.8 The standard deviation of the data set for stock mutual funds is (Type an integer or decimal rounded to three decimal places as needed) have more spread (b) Based only on the standard deviation, leviation of the mean? (c) What proportion of the bond mutual fur bond mutual funds stock mutual funds 1) (Type an integer or decimal rounded to thr What proportion of the stock mutual funds are within one standard deviation of the mean? Click to select your answer(s). 507 AM 2/26/2021
MATLAB: An Introduction with Applications
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It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
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Transcribed Image Text:The data set below on the left represents the annual rate of return (in percent) of eight randomly sampled bond
mutual funds, and the data set below on the right represents the annual rate of return (in percent) of eight
randomly sampled stock mutual funds. Use the information in the table below to complete parts (a) through (d).
Then complete part (e).
possible
Question Help v 0
(c) What proportion of the bond mutual funds are within one standard deviation of the mean?
Bond mutual
Stock mutual D
(Type an integer or decimal rounded to three decimal places as needed)
funds
funds
3.1
What proportion of the stock mutual funds are within one standard deviation of the mean?
1.7
9.3
7.5
1.8
3.3
9.0
7.3
2.3
2.6
8.3
(Type an integer or decimal rounded to three decimal places as needed)
7.1
1.5
1.9
8.0
6.8
(d) The coefficient of variation, CV, is defined as the ratio of the standard deviation to the mean of a data set
standard deviation
CV=
mean
The CV allows for a comparison in spread by describing the amount of spread per unit mean Compute the CV
for both data sets.
What is the CV of the data set for bond mutual funds?
(Type an integer or decimal rounded to three decimal places as needed)
What is the CV of the data set for stock mutual funds?
Click to select your answer(s)
507 AM
2/26/2021
P Type here to search
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Transcribed Image Text:The data set below on the left represents the annual rate of return (in percent) of eight randomly sampled bond
mutual funds, and the data set below on the right represents the annual rate of return (in percent) of eight
randomly sampled stock mutual funds. Use the information in the table below to complete parts (a) through (d).
Then complete part (e).
Question Help
(a) Determine the mean and standard deviation of each data set
The mean of the data set for bond mutual funds is
Bond mutual
Stock mutual o
(Type an integer or decimal rounded to three decimal places as needed)
funds
funds
The standard deviation of the data set for bond mutual funds is
3.1
1.7
9.3
7.5
(Type an integer or decimal rounded to three decimal places as needed)
1.8
3.3
9.0
7.3
The mean of the data set for stock mutual funds is
(Type an integer or decimal rounded to three decimal places as needed.)
2.3
2.6
8.3
7.1
1.5
1.9
8.0
6.8
The standard deviation of the data set for stock mutual funds is
(Type an integer or decimal rounded to three decimal places as needed.)
(b) Based only on the standard deviation,
V have more spread
(c) What proportion of the bond mutual fur
leviation of the mean?
bond mutual funds
stock mutual funds
(Type an integer or decimal rounded to thr
What proportion of the stock mutual funds are within one standard deviation of the mean?
Click to select your answer(s).
507 AM
OA 4 2/26/2021
P Type here to search
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