The Investment Company Institute Reported in Its Mutual Fund Fact

question 57

Multiple Choice

The Investment Company Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased from 410 in 1990 to 857 in 2000. What is the geometric mean annual percent increase in the number of funds?

• A) 1.12
• B) 7.65
• C) 19.41
• D) 48.66
• E) None of the choices are correct.

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Definitions:

S Data

Self-report data, information provided by an individual about themselves, often used in psychological research and assessments.

I Data

Informant data obtained from reports by others who know the person well, typically used in personality assessment to provide an external perspective on someone's behavior and traits.

B Data

Behavior-based data, observed actions or reactions of individuals in natural or controlled settings in psychological research.

L Data

Life record data in psychology that pertain to the observable facts about a person's life.