question archive An investor can choose from a very large number of mutual funds
An investor can choose from a very large number of mutual funds
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An investor can choose from a very large number of mutual funds. Each mutual fund has its own mix of different types of investments. The data in BestFunds3 present the one year return for the 10 best small cap growth, mid cap growth, and large cap growth funds, according to the U. S. News & World Report. (Data extracted from money. usnews. com/ mutual funds.) Analyze the data and determine whether any differences exist in the one year return between small cap growth, mid cap growth, and large cap growth funds. (Use the 0.05 level of significance.)
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