Homework SourseUsing sampling and Sampling Distributions A financial instit
Using sampling and Sampling Distributions
A financial institution sells several kinds of investment products - a stock fund, a bond fund, and a tax-deferred annuity. The company is examining whether customer satisfaction depends on the type of investment product purchased. To do this, 100 clients are randomly selected from the population of clients who have purchased shares in exactly one of the funds. The company records the fund type purchased by these clients and asks each sampled client to rate his/her level of satisfaction with the fund as either high, medium, or low. Analyze this data and summarize your results.
FundType
SRating
BOND
HIGH
STOCK
HIGH
TAXDEF
MED
TAXDEF
MED
STOCK
LOW
STOCK
HIGH
STOCK
HIGH
BOND
MED
TAXDEF
LOW
TAXDEF
LOW
STOCK
MED
BOND
LOW
STOCK
HIGH
TAXDEF
MED
TAXDEF
MED
TAXDEF
LOW
STOCK
HIGH
BOND
HIGH
BOND
MED
TAXDEF
MED
TAXDEF
MED
BOND
HIGH
TAXDEF
MED
TAXDEF
LOW
STOCK
HIGH
BOND
HIGH
TAXDEF
LOW
BOND
MED
STOCK
HIGH
STOCK
HIGH
BOND
MED
TAXDEF
MED
BOND
HIGH
STOCK
MED
STOCK
HIGH
BOND
MED
TAXDEF
MED
TAXDEF
LOW
STOCK
HIGH
TAXDEF
MED
BOND
HIGH
BOND
HIGH
BOND
LOW
TAXDEF
LOW
STOCK
HIGH
BOND
HIGH
BOND
MED
STOCK
HIGH
TAXDEF
MED
TAXDEF
MED
STOCK
HIGH
TAXDEF
MED
STOCK
HIGH
TAXDEF
MED
STOCK
LOW
BOND
HIGH
STOCK
HIGH
BOND
MED
TAXDEF
LOW
TAXDEF
LOW
STOCK
MED
BOND
LOW
STOCK
HIGH
TAXDEF
MED
TAXDEF
MED
TAXDEF
LOW
STOCK
HIGH
BOND
HIGH
BOND
MED
TAXDEF
MED
TAXDEF
MED
BOND
HIGH
TAXDEF
MED
TAXDEF
LOW
STOCK
HIGH
BOND
HIGH
TAXDEF
LOW
BOND
MED
STOCK
HIGH
STOCK
HIGH
BOND
MED
TAXDEF
MED
BOND
HIGH
STOCK
MED
STOCK
HIGH
BOND
MED
TAXDEF
MED
TAXDEF
LOW
STOCK
HIGH
TAXDEF
MED
BOND
HIGH
TAXDEF
HIGH
TAXDEF
LOW
TAXDEF
LOW
STOCK
HIGH
BOND
HIGH
BOND
MED
STOCK
HIGH
TAXDEF
MED
TAXDEF
MED
| FundType | SRating |
| BOND | HIGH |
| STOCK | HIGH |
| TAXDEF | MED |
| TAXDEF | MED |
| STOCK | LOW |
| STOCK | HIGH |
| STOCK | HIGH |
| BOND | MED |
| TAXDEF | LOW |
| TAXDEF | LOW |
| STOCK | MED |
| BOND | LOW |
| STOCK | HIGH |
| TAXDEF | MED |
| TAXDEF | MED |
| TAXDEF | LOW |
| STOCK | HIGH |
| BOND | HIGH |
| BOND | MED |
| TAXDEF | MED |
| TAXDEF | MED |
| BOND | HIGH |
| TAXDEF | MED |
| TAXDEF | LOW |
| STOCK | HIGH |
| BOND | HIGH |
| TAXDEF | LOW |
| BOND | MED |
| STOCK | HIGH |
| STOCK | HIGH |
| BOND | MED |
| TAXDEF | MED |
| BOND | HIGH |
| STOCK | MED |
| STOCK | HIGH |
| BOND | MED |
| TAXDEF | MED |
| TAXDEF | LOW |
| STOCK | HIGH |
| TAXDEF | MED |
| BOND | HIGH |
| BOND | HIGH |
| BOND | LOW |
| TAXDEF | LOW |
| STOCK | HIGH |
| BOND | HIGH |
| BOND | MED |
| STOCK | HIGH |
| TAXDEF | MED |
| TAXDEF | MED |
| STOCK | HIGH |
| TAXDEF | MED |
| STOCK | HIGH |
| TAXDEF | MED |
| STOCK | LOW |
| BOND | HIGH |
| STOCK | HIGH |
| BOND | MED |
| TAXDEF | LOW |
| TAXDEF | LOW |
| STOCK | MED |
| BOND | LOW |
| STOCK | HIGH |
| TAXDEF | MED |
| TAXDEF | MED |
| TAXDEF | LOW |
| STOCK | HIGH |
| BOND | HIGH |
| BOND | MED |
| TAXDEF | MED |
| TAXDEF | MED |
| BOND | HIGH |
| TAXDEF | MED |
| TAXDEF | LOW |
| STOCK | HIGH |
| BOND | HIGH |
| TAXDEF | LOW |
| BOND | MED |
| STOCK | HIGH |
| STOCK | HIGH |
| BOND | MED |
| TAXDEF | MED |
| BOND | HIGH |
| STOCK | MED |
| STOCK | HIGH |
| BOND | MED |
| TAXDEF | MED |
| TAXDEF | LOW |
| STOCK | HIGH |
| TAXDEF | MED |
| BOND | HIGH |
| TAXDEF | HIGH |
| TAXDEF | LOW |
| TAXDEF | LOW |
| STOCK | HIGH |
| BOND | HIGH |
| BOND | MED |
| STOCK | HIGH |
| TAXDEF | MED |
| TAXDEF | MED |
Solution
HIGH MED LOW TOTAL
BOND 15 12 3 30
STOCK 24 3 3 30
TAX 1 24 15 40
NOW IN BOND
50% OF PPL RATE HIGH, 40% AS MEDIUM AND 10% AS LOW
IN STOCK
80% 0F PPL RATED AS HIGH, 10% LOW 10% MEDIUM
IN TAXDEF
60% PF PPL RATED AS MEDIUM,27.5% PPL RATED AS LOW AND ONLY 2.5% AS HIGH
