Macmillan Learning Stock Markets and Personal Finance: End of Chapter Problem Let's do something boring just to drive home a point: Count up the number of years in the accompanying figure in which more than half of the mutual funds managed to beat the S&P 500 index. (Recall that the Standard and Poor's 500 is just a list of 500 large U.S. corporations-it's a list that overlaps a lot with the Fortune 500.) What percentage of the time did the experts actually beat the S&P 500? Funds outperformed (%) 100 89 87 85 84 81 77 80 حمد 40 35 33 33 20 24 47 90 85 83 82 78 78 7676 75 74 71 64 60 59 56 53 37 38 31 20 15 70 62 Lowen/labarrok, Moders Principles of Economics, 5e 2021 Worth Publishers 54 55 51 49 45 46 43 45 40 37 33 1963 1965 1967 1969 1971 1973 1975 1972 1979 81 1983 1985 1987 1989 1 1993 1995 1927 1999 2001 2003 2005 2007 Year
Macmillan Learning Stock Markets and Personal Finance: End of Chapter Problem Let's do something boring just to drive home a point: Count up the number of years in the accompanying figure in which more than half of the mutual funds managed to beat the S&P 500 index. (Recall that the Standard and Poor's 500 is just a list of 500 large U.S. corporations-it's a list that overlaps a lot with the Fortune 500.) What percentage of the time did the experts actually beat the S&P 500? Funds outperformed (%) 100 89 87 85 84 81 77 80 حمد 40 35 33 33 20 24 47 90 85 83 82 78 78 7676 75 74 71 64 60 59 56 53 37 38 31 20 15 70 62 Lowen/labarrok, Moders Principles of Economics, 5e 2021 Worth Publishers 54 55 51 49 45 46 43 45 40 37 33 1963 1965 1967 1969 1971 1973 1975 1972 1979 81 1983 1985 1987 1989 1 1993 1995 1927 1999 2001 2003 2005 2007 Year
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
None
Transcribed Image Text:Macmillan Learning
Stock Markets and Personal Finance: End of Chapter Problem
Let's do something boring just to drive home a point: Count up the number of years in the accompanying figure in which more
than half of the mutual funds managed to beat the S&P 500 index. (Recall that the Standard and Poor's 500 is just a list of 500
large U.S. corporations-it's a list that overlaps a lot with the Fortune 500.) What percentage of the time did the experts actually
beat the S&P 500?
Funds
outperformed (%)
100
89
87
85 84
81
77
80
حمد
40
35
33
33
20
24
47
90
85
83
82
78
78
7676
75
74
71
64
60
59
56
53
37 38
31
20
15
70
62
Lowen/labarrok, Moders Principles of Economics, 5e 2021 Worth Publishers
54
55
51
49
45 46
43
45
40
37
33
1963 1965 1967 1969 1971 1973 1975 1972 1979 81 1983 1985 1987 1989
1 1993 1995 1927 1999 2001 2003 2005 2007
Year
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education