Companies often have different mutual funds to serve differentinvestment time horizons. Use the tab titledBESTFUNDS to determine if there is adifference between in the three-year annualized return for smallcap growth, mid-cap growth, and large cap growth mutual funds. (a)Identify which type of test you plan to use and why. (b) Analyzeand report your findings. (c) Put the findings into meaningfulwords (i.e., explain what the test allows you to conclude about thetypes of mutual funds). (d) Does your result from (b) give youstatistical permission to probe group differences, yes or no?
Small | Mid-Cap | Large |
29.21 | 1.34 | 23.08 |
21.33 | 21.59 | 10.80 |
25.19 | 22.01 | 16.87 |
25.96 | 20.41 | 5.53 |
24.05 | 20.90 | 24.40 |
22.36 | 20.96 | 18.33 |
28.89 | 21.92 | 22.52 |
26.58 | 20.81 | 21.99 |
27.18 | 22.22 | 21.06 |
21.25 | 20.44 | 23.91 |