Question

You have received a year-end bonus of $5000. You decide to invest the money in the stock market and have narrowed down your options to two mutual funds. This data represent the historical quarterly rates of return for each mutual fund for the last five years. Describe each data set using words related to shape, center, and spread. Which mutual fund would you choose to invest in, and why?

Mutual Fund A	Mutual Fund B
1.3	-5.2
-0.3	6.7
0.6	9.2
6.1	-3.6
4.5	3.1
5.2	3.7
4.8	9.2
2.9	2.9
3.3	3.8
1.3	6.1
6.2	-4.1
8.3	3.1
3.4	7.6
3.8	0.6
-1.3	-2.2
4.2	-4.9
1.9	-2.3
-0.5	5.7
-2.7	7.1
2.3	8.8

Answer 1