Each individual mutual fund hires an investment advisor, generally from the management company, who oversee the particular fund. How is this advisor paid?
A) Hourly
B) Based on a percentage of the commissions charged on an annual basis
C) Based on a percentage of the total value of the fund on an annual basis
D) Annually based on the capital gains realized by the fund
E) None of the above
Answer: C
Business
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A) divorce matters. B) probate matters. C) patent disputes. D) murder cases.
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A certain grocery store has noted the following figures with regard to the number of people who arrive at its three checkout stands ready to check out, and the time it takes to check out the individuals
Arrivals/Min. Frequency Service Time in Min Frequency 0 0.3 1 0.1 1 0.5 2 0.3 2 0.2 3 0.4 4 0.2 Create an appropriate table of interval of random numbers for both variables.
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