[solution] » a financial planner wants to compare the yield of income and growth oriented mutual funds. $50,000.0

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a financial planner wants to compare the yield of income and growth oriented mutual funds. $50,000.00 is invested in each sample of 40 income-oriented and 45 growth-oriented funds. the mean increase for a 2 year period for the income funds is $1200 with a standard deviation of $50. for the growth oriented funds the mean increase is $1050 with a standard deviation of $65. at the 0.025 significance level is there a difference in the mean yield of the two funds? find p value and appropriate hypothesis test

 

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Oct 14, 2020

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