The Investment Research Institute Reported in Its Mutual Fund Fact

question 53

Multiple Choice

The Investment Research Institute reported in its Mutual Fund Fact Book that the number of mutual funds increased from 5,725 in 1999 to 7,977 in 2009. What is the geometric mean annual percent increase in the number of funds?

• A)1.034
• B)3.37
• C)39.34
• D)71.11
• E)633.5

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Definitions:

Vivid Dreams

Dreams that are highly detailed, emotional, and memorable, often felt as if they were real experiences.

Recurring Sleep Stage

A phase of sleep that occurs at intervals during the night, characterized by rapid eye movement (REM) and associated with dreaming.

REM Sleep

A phase of sleep characterized by rapid eye movements, low muscle tone, and the propensity to dream vividly.

Neuroadaptation

The process by which the brain adjusts to changes in its environment, often in response to the sustained use of psychoactive substances.