TABLE 3-7
Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
$\begin{array}{ll}
\hline\text { 12- month Rate of Return } & \text { Number of Funds } \
\hline-0.10 \text { but less than } 0.0 & 3 \
0.0 \text { but less th an } 0.1 & 5 \
0.1 \text { but less than } 0.2 & 6 \
0.2 \text { but less than } 0.3 & 10 \
0.3 \text { but less than } 0.4 & 6 \
\hline
\end{array}$

-Referring to Table 3-7, what is the approximate mean rate of return?

Question

TABLE 3-7
Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
 $\begin{array}{ll}
\hline\text { 12- month Rate of Return } & \text { Number of Funds } \
\hline-0.10 \text { but less than } 0.0 & 3 \
0.0 \text { but less th an } 0.1 & 5 \
0.1 \text { but less than } 0.2 & 6 \
0.2 \text { but less than } 0.3 & 10 \
0.3 \text { but less than } 0.4 & 6 \
\hline
\end{array}$

-Referring to Table 3-7, what is the approximate mean rate of return?

Quizplus · Accepted Answer

The Answer of TABLE 3-7
Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
 $\begin{array}{ll}
\hline\text { 12- month Rate of Return } & \text { Number of Funds } \
\hline-0.10 \text { but less than } 0.0 & 3 \
0.0 \text { but less th an } 0.1 & 5 \
0.1 \text { but less than } 0.2 & 6 \
0.2 \text { but less than } 0.3 & 10 \
0.3 \text { but less than } 0.4 & 6 \
\hline
\end{array}$

-Referring to Table 3-7, what is the approximate mean rate of return?

TABLE 3-7 Given Below Is the Frequency Distribution of the 12-Month

TABLE 3-7
Given Below Is the Frequency Distribution of the 12-Month