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You have received a year end bonus of $5000. You decide to invest the money in the stock market and have narrowed your investment options down to two mutual funds. The following data represent the historical quarterly rates of return of each mutual fund for the past 20 quarters (5 years).

Fund A- 1.3 -0.3 0.6 6.8 5.0 5.2 4.8 2.4 3.0 1.8 7.3 8.6 3.4 3.8 -1.3 6.4 1.9 -0.5 -2.3 3.1

Fund B- -5.4 6.7 11.9 4.3 4.3 3.5 10.5 2.9 3.8 5.9 -6.7 1.4 8.9 0.3 -2.4 -4.7 -1.1 3.4 7.7 12.9

Describe each data set. That is, determine the shape, center, and spread.

Which mutual fund would you invest in and why?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9983214

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