Fidelity magellan is a large cap growth mutual fund and


Fidelity Magellan is a large cap growth mutual fund and Fidelity Small Cap Stock is a small cap growth mutual fund (Morningstar Funds 500, 2006). The standard deviation for both funds was computed based on a sample of size 26. For Fidelity Magellan, the sample standard deviation is 8.89%; for Fidelity Small Cap Stock, the sample standard deviation is 13.03%. Financial analysts often use the standard deviation as a measure of risk. Use α = .05 as the level of significance.

Questions:

  1. The numerical formula calculating test statistic for this problem is F = ______ / _______ (Note: Treat 8.89% as 8.89 and 13.03% as 13.03. Then, keep two decimal places in your results)
  2. The Test Statistic for this problem is calculated to be _________ (keep two decimal places in your answer)
  3. The P-Value for this problem is calculated to be ________ (keep two decimal places in your answer)

Solution Preview :

Prepared by a verified Expert
Business Economics: Fidelity magellan is a large cap growth mutual fund and
Reference No:- TGS02728347

Now Priced at $15 (50% Discount)

Recommended (95%)

Rated (4.7/5)