## Description

**Must read before purchase:** You must edit approx 10-20 percent answer for avoid copy case.

Assets | Expense Ratio | Return 2006 | 3-Year Return | 5-Year Return |

904.8 | 1.51 | 4.6 | 10.7 | 8.1 |

675.9 | 1.28 | 8.5 | 11.9 | 7.3 |

909.7 | 0.80 | 13.1 | 10.4 | 6.3 |

52.2 | 1.50 | 11.6 | 10.3 | 6.4 |

8411.5 | 0.63 | 10.9 | 12.4 | 8.0 |

282.3 | 1.22 | 7.1 | 10.2 | 8.0 |

9870.7 | 0.86 | 12.3 | 15.0 | 7.7 |

424.8 | 1.13 | 12.3 | 11.0 | 6.2 |

15422.9 | 0.72 | 14.0 | 10.2 | 6.2 |

497.9 | 1.36 | 8.6 | 12.0 | 7.3 |

547.3 | 1.09 | 7.5 | 12.8 | 7.2 |

5527.1 | 0.41 | 11.2 | 10.2 | 6.5 |

22592.9 | 0.46 | 12.3 | 13.0 | 8.4 |

240.8 | 1.42 | 4.4 | 10.3 | 6.6 |

2403.4 | 0.93 | 8.0 | 10.1 | 4.3 |

233.3 | 1.33 | 6.5 | 9.4 | 5.4 |

71.2 | 0.15 | 15.4 | 6.6 | 5.0 |

506.9 | 1.15 | 11.2 | 9.3 | 4.5 |

221.6 | 1.12 | 13.2 | 8.9 | 4.7 |

434.9 | 1.19 | 14.2 | 12.3 | 7.1 |

7834.2 | 0.56 | 13.7 | 9.6 | 5.5 |

152.1 | 1.34 | 12.4 | 9.6 | 4.6 |

815.4 | 0.73 | 13.0 | 8.9 | 4.5 |

85.7 | 0.45 | 13.2 | 9.6 | 4.0 |

166.1 | 1.41 | 3.3 | 7.8 | 5.3 |

47.2 | 0.74 | 8.1 | 10.8 | 5.7 |

6955.2 | 0.87 | 7.8 | 10.7 | 5.8 |

135.4 | 1.25 | 14.6 | 8.2 | 5.8 |

142.0 | 1.18 | 9.2 | 9.7 | 5.6 |

601.8 | 1.00 | 9.7 | 7.9 | 3.8 |

Q1. For the data on 31 mutual funds given above, conduct the following analysis:

i. Determine the measures of central tendency and of dispersion for the five variables.

ii. Provide the five-number summary i.e. the minimum, 1st quartile, median, 3rd quartile and maximum value for asset size.

Interpret the above results and comment on how the data is distributed.

**Answer 2: **

Q2. For the same data on mutual funds given above:

i. Is there a strong association between asset size and expense ratio?

ii. Create a scatterplot diagram depicting the association between the two variables.

iii. Using the regression equation, predict the 5-year return of a fund whose 3-year return was 8%.

Q3. Assume there are 400 athletes in a training camp, who are required to attend the morning drill starting at 4 am. The attendance in morning drills is 70%, i.e. on an average, 280 athletes are present. Fifty new athletes are admitted in this batch.

a. What is the probability of attendance being at least 70% among the new athletes, thus ensuring the overall attendance does not fall below 70%? (5 Marks)

b. The training coach thinks that this probability will increase, if the new batch size is 40 instead of 50 students. Is he right in assuming so? (5 Marks)