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QUESTION 1:
A senior analyst working for Ameritrade has reviewed purchases his customers have made over the last six months. He has categorized the mutual funds purchased into eight categories: (1) Aggressive Growth (AG) - (2) Growth (G) - (3) Growth-Income (G-I) - (4) Income Funds (IF) - (5) International (I) - (6) Asset Allocation (AA) - (7) Precious Metal (PM) - (8) Bond (B).
The percentage gains (%) accrued by 3 randomly selected customers (C1, C2 and C3) in each group are as follows:
Mutual Fund
AG
G
G-I
IF
I
AA
PM
B
C1
6
7
5
1
14
-3
-1
C2
-2
0
13
3
C3
12
2
10
QUESTION 2:
During the recession that began in 2008, not only did some people stop making house payments, but they also stopped making payments for local government services such as trash collection and water and sewer services. The following data have been collected by an accountant who is performing an audit of account balances for a major city billing department. The population from which the data were collected represents those accounts for which the customer had indicated the balance was incorrect. The dependent variable, y, is the actual account balance as verified by the accountant. The independent variable, x, is the computer-generated account balance.
X
233
24
56
78
102
90
200
344
120
18
Y
245
22
103
85
190
320
23
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