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Business, 26.11.2019 05:31 sofiaisabelaguozdpez

Investors commonly use the standard deviation of the monthly percentage return for a mutual fund as a measure of the risk for the fund; in such cases, a fund that has a larger standard deviation is considered more risky than a fund with a lower standard deviation. the standard deviation for the american century equity growth fund and the standard deviation for the fidelity growth discovery fund were recently reported to be 15.0% and 18.9%, respectively. assume that each of these standard deviations is based on a sample of 60 months of returns. do the sample results support the conclusion that the fidelity fund has a larger population variance than the american century fund? which fund is more risky? anderson, david r.. essentials of statistics for business and economics (p. 502). south-western college pub. kindle edition.

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