Essay
Provide an appropriate response.
-Marcella is nearing retirement age and has some money to invest. She is deciding between
Fund A which in the past has grown by a mean of 7% per year with a standard deviation of
2% and Fund B which has grown by a mean of 10% with a standard deviation of 6%.
Which fund should she choose? Explain your thinking.
Correct Answer:
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Fund A would be less risky. Fund B has a...View Answer
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Correct Answer:
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