Given a Data Set with 15 Yearly Observations,a 3-Year Moving

question 79

True/False

Given a data set with 15 yearly observations,a 3-year moving average will have fewer observations than a 5-year moving average.

---

Definitions:

Front-End Load Fee

A charge applied at the time of purchase of an investment, typically pertaining to mutual funds.

12b-1 Fee

A fee that mutual funds may charge for marketing, distribution, and service expenses, expressed as a percentage of assets under management.

Net Asset Value

The value per share of a fund, calculated by dividing the total value of the fund's assets minus its liabilities by the number of shares outstanding.

Year-End Assets

These are the total value of all assets that a company or individual owns at the end of the fiscal year.