Answer to Question #198813 in Statistics and Probability for Muhammad ali Khan

Question #198813

A random sample of fourty six funds averages a 16.9 per cent annual investment return for 2001–2 with a standard deviation of 3.6 per cent annual return. The BSE Stock Index grew at an annual average rate of 16.3 per cent over the same period. Do these data show that, on the average, the mutual funds out-performed the BSE Stock Index during this period?



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