Test: Final Exam Remsining 01:36 53 Subnt es The data set below on the lelt repr

Question

Test: Final Exam Remsining 01:36 53 Subnt es The data set below on the lelt represents the anrsal rate o eight randomly sampled bond ual unds, and the data set below on the right represents he areudiulo of um 0n percent)of" rankedy sampled stock The moan olho d a set to, bond mila hnhhLJ miual fundh Use the intormation in the talle below to complete purts (a) trough Type an integer or dedimal onded to tree decimal places is neoded) d Then complete part (e The standard devation of the data set for bond usl unds s Type an indeges or decimal rounded to three decimal places as needed) The mean of te data set for slock muual unds s (Type an indeges or decimal rounded to theee decimal places as neoded) The standarddeuion of te data sell-stoitualhndb (Type an integer or dedimal sounded to tree decimal places as needed ) (b) Based only on the standard deviation spread led What proportion of the bond mutual funds are wihin one standard deviation Bond mulual Stock mutl funds 32 18 9 76 19 34 91 TA 24 27 84 72 16 20 81 69 unds have more el the mean? (Type an ieteger o decimal ounded to fhree decimal places as needed) What proportion ef the stock mulul funds are wilti one standard deviation of Click to select your answers) Save for Later

Explanation / Answer

Mean (bond mutual funds) = 2.375

SD(bond mutual funds) = 0.669

Mean (stock mutual funds) = 8.0125

SD(stock mutual funds) = 0.903

(b) Stock mutual funds have more spread

(c) [1.706,3.044]

6/8 = 0.750 (Ans)

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