Because of Professional Management,there Is No Need for the Individual

question 111

True/False

Because of professional management,there is no need for the individual investor to evaluate a mutual fund investment.

---

Definitions:

Continuous

A type of data that can take on any value within a given range and can thus represent subtler variances accurately.

Independent Means

Statistical tests that compare the means of two groups that are not connected or related.

Two Groups

In research, the division of subjects into two distinct categories for comparison, often used in experimental designs to evaluate the effect of treatments.

Two-Tailed Test

A statistical hypothesis test in which the area of interest or rejection region is in both tails of the probability distribution.