A mutual fund rating agency ranks a fund's performance by using one to five stars. A one-star mutual fund is in the bottom 20
% of its investment class; a five-star mutual fund is in the top 20% of its investment class. Interpret the meaning of a four-star mutual fund.
1 answer:
Each star has a 20% difference.
A four star rating would be above the bottom 60% ( 1, 2 and 3 stars) but be below the top 20%. (5 stars).
You might be interested in
Answer:
Step-by-step explanation:
1. 2 square root 7
2. 6 square root 2
3. 2 square root 5
y = Acos(Bx) + D;
D = 4, A = 2. Now T = 2π/B = 5π/8, B = 2π/(5π/8) = 16/5
WE get y = 2cos(16/5x) + 4
Answer i am not sure wht it is srry
Step-by-step explanation:
y is -2 is the answer for the question
Add all of the hours together than divide by 5 should get 40