The Net Asset Value of a Mutual Fund Is Found

question 118

Multiple Choice

The net asset value of a mutual fund is found by

• A)subtracting the daily market value of the fund's asset portfolio from the previous days' value.
• B)dividing the cumulative value of all asset positions held by the fund by the total number of asset shares held by the fund.
• C)computing the daily market value of the fund's total asset portfolio and then dividing this amount by the number of mutual fund shares outstanding.
• D)comparing the daily market value of the fund's total asset portfolio with that of its peers.
• E)subtracting expenses, commissions, and dividends from the fund's total asset portfolio.

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Definitions:

Population Means

The average values for variables within a total population under study.

Null Hypothesis

A hypothesis that suggests no statistical significance exists in a set of given observations, implying no effect or relationship between variables.

Population Means

The average value of a particular variable across the entire population of interest.

Inferential Statistics

Statistical methods that allow researchers to make inferences or predictions about a population based on a sample.