Chapter 2.3, Problem 34E

Refer to the data in Table 2.12.

1. a. Prepare a crosstabulation with 5-Year Average Return as the columns and Net Asset Value as the rows. Use classes starting with 0 in increments of 5 for 5-Year Average Return and classes starting at 0 with increments of 10 for Net Asset Value.
2. b. Comment on the relationship, if any, between the variables.

TABLE 2.12    FINANCIAL DATA FOR A SAMPLE OF 45 MUTUAL FUNDS

Fund Name	Fund Type	Net Asset Value ($)	5-Year Average Return (%)	Expense Ratio (%)	Morningstar Rank
Amer Cent Inc & Growth Inv	DE	28.88	12.39	0.67	2-Star
American Century Intl. Disc	IE	14.37	30.53	1.41	3-Star
American Century Tax-Free Bond	FI	10.73	3.34	0.49	4-Star
American Century Ultra	DE	24.94	10.88	0.99	3-Star
Ariel	DE	46.39	11.32	1.03	2-Star
Artisan Intl Val	IE	25.52	24.95	1.23	3-Star
Artisan Small Cap	DE	16.92	15.67	1.18	3-Star
Baron Asset	DE	50.67	16.77	1.31	5-Star
Brandywine	DE	36.58	18.14	1.08	4-Star
Brown Cap Small	DE	35.73	15.85	1.20	4-Star
Buffalo Mid Cap	DE	15.29	17.25	1.02	3-Star
Delafield	DE	24.32	17.77	1.32	4-Star
DFA U.S. Micro Cap	DE	13.47	17.23	0.53	3-Star
Dodge & Cox Income	FI	12.51	4.31	0.44	4-Star
Fairholme	DE	31.86	18.23	1.00	5-Star
Fidelity Contrafund	DE	73.11	17.99	0.89	5-Star
Fidelity Municipal Income	FI	12.58	4.41	0.45	5-Star
Fidelity Overseas	IE	48.39	23.46	0.90	4-Star
Fidelity Sel Electronics	DE	45.60	13.50	0.89	3-Star
Fidelity Sh-Term Bond	FI	8.60	2.76	0.45	3-Star
Fidelity	DE	39.85	14.40	0.56	4-Star
FPA New Income	FI	10.95	4.63	0.62	3-Star
Gabelli Asset AAA	DE	49.81	16.70	1.36	4-Star
Greenspring	DE	23.59	12.46	1.07	3-Star
Janus	DE	32.26	12.81	0.90	3-Star
Janus Worldwide	IE	54.83	12.31	0.86	2-Star
Kalmar Gr Val Sm Cp	DE	15.30	15.31	1.32	3-Star
Managers Freemont Bond	FI	10.56	5.14	0.60	5-Star
Marsico 21st Century	DE	17.44	15.16	1.31	5-Star
Mathews Pacific Tiger	IE	27.86	32.70	1.16	3-Star
Meridan Value	DE	31.92	15.33	1.08	4-Star
Oakmark I	DE	40.37	9.51	1.05	2-Star
PIMCO Emerg Mkts Bd D	FI	10.68	13.57	1.25	3-Star
RS Value A	DE	26.27	23.68	1.36	4-Star
T. Rowe Price Latin Am.	IE	53.89	51.10	1.24	4-Star
T. Rowe Price Mid Val	DE	22.46	16.91	0.80	4-Star
Templeton Growth A	IE	24.07	15.91	1.01	3-Star
Thornburg Value A	DE	37.53	15.46	1.27	4-Star
USAA Income	FI	12.10	4.31	0.62	3-Star
Vanguard Equity-Inc	DE	24.42	13.41	0.29	4-Star
Vanguard Global Equity	IE	23.71	21.77	0.64	5-Star
Vanguard GNMA	FI	10.37	4.25	0.21	5-Star
Vanguard Sht-Tm TE	FI	15.68	2.37	0.16	3-Star
Vanguard Sm Cp Idx	DE	32.58	17.01	0.23	3-Star
Wasatch Sm Cp Growth	DE	35.41	13.98	1.19	4-Star