In a report, use the above information to
1. Calculate descriptive statistics to compare the returns of the mutual funds.
2. Assess reward by constructing and interpreting 95% confidence intervals for the population mean return. What assumption did you make for the interval estimates?
The following table presents a portion of the annual returns for two offered by the investment giant Fidelity. The Fidelity Select Automotive Fund invests primarily in companies engaged in the manufacturing, marketing, or sales of automobiles, trucks, specialty vehicles, parts, tires, and related services. The Fidelity Gold Fund invests primarily in companies engaged in exploration, mining, processing, or dealing in gold and, to a lesser degree, in other precious metals and minerals.
Annual Total Return (%) History
