Business
Business, 12.03.2021 15:00, ameliaxbowen65

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. Open spreadsheet a. Formulate and such that rejection of leads to the conclusion that the load mutual funds have a higher mean annual return over the five-year period. b. Use the 60 mutual funds in the table above to conduct the hypothesis test. What is the -value

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Mutual funds are classified as load or no-load funds. Load funds require an investor to pay an initi...

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