Index Funds

question 90

Multiple Choice

Index funds

• A)typically have a higher rate of return and higher costs than managed mutual funds.
• B)typically have a higher rate of return and lower costs than managed mutual funds.
• C)typically have a lower rate of return and higher costs than managed mutual funds.
• D)typically have a lower rate of return and lower costs than managed mutual funds.

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Definitions:

Continuous Random Variable

A variable that can take an infinite number of values within a given range, often associated with measurements.

Measured Weight

The weight of an object or individual as determined through the use of scales or other measurement tools.

Binomial Experiment

An experiment or trial that fits the criteria of having a fixed number of trials, only two possible outcomes, independent trials, and a constant probability of success.

Number of Successes

In a statistical experiment, it refers to the count of times an event of interest occurs.