Answer:
81 Invitations, 27 times 3 = 81
Step-by-step explanation:
(Morningstar Funds500, 2008).
Type of Fund
Domestic Equity
International Equity
Specialty Stock
Hybrid Number of Funds
9191
2621
1419
2900
Total Return (%)
4.65
18.15
11.36
6.75
a. Using the number of funds as weights, compute the weighted average total return for
the mutual funds covered by Morningstar.
b. Is there any difficulty associated with using the "number of funds" as the weights in
computing the weighted average total return for Morningstar in part (a)? Discuss. What
else might be used for weights?
c. Suppose you had invested $10,000 in mutual funds at the beginning of 2007 and
diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock funds, and $1000 in Hybrid
funds. What is the expected return on the portfolio?
a. The weighted average total return for the mutual funds covered by Morningstar is 7.81%.
b. A better weight would be the total amount of money invested in each category.
c. The expected return on the portfolio is 12.273%.
a. To compute the weighted average total return for the mutual funds covered by Morningstar, we need to multiply the total return for each category by the number of funds in that category, sum the products, and divide by the total number of funds:
Weighted average total return = [(4.65 x 9191) + (18.15 x 2621) + (11.36 x 1419) + (6.75 x 2900)] / (9191 + 2621 + 1419 + 2900)
Weighted average total return = 7.81%
Therefore, the weighted average total return for the mutual funds covered by Morningstar is 7.81%.
b. Using the "number of funds" as weights in computing the weighted average total return for Morningstar may not be appropriate if the funds in each category have different sizes or investment amounts. In this case, a better weight would be the total amount of money invested in each category. Another possible weight could be the market capitalization of the companies in which the funds are invested.
c. To find the expected return on the portfolio, we need to multiply the amount invested in each category by the expected return for that category, sum the products, and divide by the total amount invested:
Expected return = [(0.2 x 4.65) + (0.4 x 18.15) + (0.3 x 11.36) + (0.1 x 6.75)] / (2000 + 4000 + 3000 + 1000)
Expected return = 12.273%
Therefore, the expected return on the portfolio is 12.273%.
To learn more about weighted averages;
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solution: this question solution is:-
Hypothesis testing with two populations.
If I'm reading the question right, you have
and you have to find
The limits exist if the limits from either side exist. We have
and
The function f(x) is a piecewise function. The limit as x approaches 5 equals 2 and the limit as x approaches 6 does not exist as the values from both sides are not the same.
The function f(x) given is a piecewise function which is defined differently on different intervals of x.
First let's graph these three conditions:
Next, we'll find the specified limits:
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Answer:
Reject the null hypothesis.
Step-by-step explanation:
n1 = 16
n2 = 21
S.V1 = 5.8
S.V2 = 2.4
= 0.05
= Population Variance 1 ≤ Population Variance 2
= Population Variance 1 > Population Variance 2
Test statistic value = 5.8 / 2.4 = 2.417
Degrees of freedom is n - 1
15 and 20
Critical value is = 2.2
2.417 > 2.2
we reject the null hypothesis as the critical value is greater than the test statistic.
Answer:
2. ASA can be used with the definition of an isosceles triangle
3. x = 5 5/6
Step-by-step explanation:
Using the given information, the definition of an isosceles triangle tells us, ...
∠A = ∠C and ∠A = ∠ABM and ∠C = ∠CBN
By substitution, ∠ABM = ∠CBN. This lets us declare ΔAMB ≅ ΔCNB by ASA, where the sides between the angles are AB and CB.
__
If the angles of interest are the same, then the triangles are similar. That means corresponding sides have the same ratio:
AB/AD = CB/CE
x/7 = (10-x)/5
5x = 7(10 -x) = 70 -7x . . . . . multiply by 35, simplify
12x = 70 . . . . . . . . . . . add 7x
x = 70/12 = 35/6
x = 5 5/6