A Financial Planner Wants to Compare the Yield of Income

question 68

Short Answer

A financial planner wants to compare the yield of income and growth mutual funds.Fifty thousand dollars is invested in each of a sample of 35 income and 40 growth funds.The mean increase for a two-year period for the income funds is $900.For the growth funds the mean increase is $875.Income funds have a population standard deviation of $35;growth funds have a population standard deviation of $45.At the 0.05 significance level,is there a difference in the mean yields of the two funds?
What is the null hypothesis? __________________

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Definitions:

Leader-Member Exchange Theory

A theory focusing on the two-way relationship (dyadic relationships) between leaders and followers, emphasizing the mutual benefits derived from high-quality exchanges.

Material Benefits

Tangible rewards or advantages gained from being a member of a social group or society.

Decision-Making Strategy

A methodological approach to choosing among different options or actions based on specific criteria, objectives, or principles.

Autocratic

A leadership style characterized by individual control over all decisions and little input from group members.