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RACE Mutual fund is a no-load fund that had a net asset value one year ago of $25.60.Today the NAV is $28.83.During the year dividends of $0.72 were paid out and a capital gains distribution of $0.65 was made.Calculate the approximate yield for RACE.(Show all work.)
Regression Line
A line of best fit through a scatterplot of data points in regression analysis, showing the relationship between the independent and dependent variables.
Positive
A term often used in statistics to denote a value or outcome that is above zero or indicates the presence of a condition or characteristic.
Least Squares
A mathematical approach used to approximate the solution of overdetermined systems, minimizing the sum of the squares of the differences between observed and estimated values.
Squared Deviations
The square of the difference between each data point and the mean, used in variance calculation.
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