Question

A financial analyst examines the performance of two mutual funds and claims that the variances of the annual returns for the bond funds differ. To support his claim, he collects data on the annual returns (in percent) for the years 2001 through 2010. The analyst assumes that the annual returns for the two emerging market bond funds are normally distributed. Use the following summary statistics.

Mutual Fund 1	Mutual Fund 2
= 500	= 100
n1 = 10	n2 = 10

a. Formulate equality hypotheses

b. Test aforementioned hypotheses and draw conclusion

If possible please show with excel formulas

Answer 1