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How Does a Mutual Fund Lower Transactions Costs Through Economies

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How does a mutual fund lower transactions costs through economies of scale?


Definitions:

Normally Distributed

Describes a distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values from the mean.

Skewed

Skewed describes a distribution that is asymmetrical, where its tail extends more on one side than the other, often used in statistical data analysis.

Standard Deviation

An indicator of the degree of difference or spread among a collection of numbers.

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