Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund. The no-load funds do not require this initial fee. Some financial advisors argue that the load mutual funds may be worth the extra fee because these funds provide a higher mean rate of return than the no-load mutual funds. A sample of 30 load mutual funds and a sample of 30 no-load mutual funds selected for analysis are contained in the Excel Online file below. Data were collected on the annual return for the funds over a five-year period. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Formulate Ho and Ha such that rejection of Ho leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period. Ho load no-load Ha load no-load b. Use the 60 mutual funds in the table above to conduct the hypothesis test. What is the p-value? p-value is (to 4 decimals) At a = .05, what is your conclusion? Check My Work Ⓒ0 Ⓒ 0 that the mutual funds with a load have a greater mean rate of return. Reset Problem
Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund. The no-load funds do not require this initial fee. Some financial advisors argue that the load mutual funds may be worth the extra fee because these funds provide a higher mean rate of return than the no-load mutual funds. A sample of 30 load mutual funds and a sample of 30 no-load mutual funds selected for analysis are contained in the Excel Online file below. Data were collected on the annual return for the funds over a five-year period. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Formulate Ho and Ha such that rejection of Ho leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period. Ho load no-load Ha load no-load b. Use the 60 mutual funds in the table above to conduct the hypothesis test. What is the p-value? p-value is (to 4 decimals) At a = .05, what is your conclusion? Check My Work Ⓒ0 Ⓒ 0 that the mutual funds with a load have a greater mean rate of return. Reset Problem
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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the link to the data is given below. please help asap i will upvote!!
https://drive.google.com/file/d/1ervh7Ki2Nd-Ly1SjtXyCm82i40M6sE5z/view?usp=sharing
![Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund. The no-load funds
do not require this initial fee. Some financial advisors argue that the load mutual funds may be worth the extra fee because these funds provide a higher mean rate of return than the
no-load mutual funds. A sample of 30 load mutual funds and a sample of 30 no-load mutual funds selected for analysis are contained in the Excel Online file below. Data were collected
on the annual return for the funds over a five-year period. Construct a spreadsheet to answer the following questions.
Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak
X
Open spreadsheet
a. Formulate
Ho and
Ha such that rejection of
Ho leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period.
Ho: load Uno-load
Ha: load
no-load
b. Use the 60 mutual funds in the table above to conduct the hypothesis test. What is the p-value?
p-value is
(to 4 decimals)
At a = .05, what is your conclusion?
-
Check My Work
î
0
0
that the mutual funds with a load have a greater mean rate of return.
Reset Problem](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc3ad949-79b2-4a66-83f9-922936cf2321%2Fec9365bd-f0dd-41fc-aaec-21ca220a54db%2F5rt6e2h_processed.png&w=3840&q=75)
Transcribed Image Text:Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initial fee based on a percentage of the amount invested in the fund. The no-load funds
do not require this initial fee. Some financial advisors argue that the load mutual funds may be worth the extra fee because these funds provide a higher mean rate of return than the
no-load mutual funds. A sample of 30 load mutual funds and a sample of 30 no-load mutual funds selected for analysis are contained in the Excel Online file below. Data were collected
on the annual return for the funds over a five-year period. Construct a spreadsheet to answer the following questions.
Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak
X
Open spreadsheet
a. Formulate
Ho and
Ha such that rejection of
Ho leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period.
Ho: load Uno-load
Ha: load
no-load
b. Use the 60 mutual funds in the table above to conduct the hypothesis test. What is the p-value?
p-value is
(to 4 decimals)
At a = .05, what is your conclusion?
-
Check My Work
î
0
0
that the mutual funds with a load have a greater mean rate of return.
Reset Problem
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