ore: 0 of 1 pt 2.RA-4 ver the past 10 years, five mutual funds all had the same
ID: 3044314 • Letter: O
Question
ore: 0 of 1 pt 2.RA-4 ver the past 10 years, five mutual funds all had the same mean rate of return. The standard deviations for each of the five mutual funds are shown below apital investment 5 6%. Vanity 10.3%. Global Advisor 8 2%. International Equities 7 8%. Nomad 9 5% Which mutual fund was least consistent in rate of retum? This is a reading assessment question. Be certain of your answer because you only get one attempt on this question.) hoose the correct answer below 12 of 13 (8 complete) A. Vanity B. Capital Investment C. Nomad D D. Global Advisor E. International Equities Cick to select your answer and then click Check AnswerExplanation / Answer
Ans:
Higher the standard deviation,more the variability or lower the consistency.
As,standard deviation for the Vanity is highest i.e. 10.3%,so it will be least consistent.
Hence,correct option is Vanity.
Option A is correct.
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