wall street journal provides the net asset value, the year to date percent return, and the three year percent return for 555 mutual funds will be selected for a follow up study on the size and performance of mutual funds. Use the forth column of the randon numbers in Table 7.1 beginning with 51102, to select the simple randon sample of 12 mutual funds. Begin with mutual fund 102 and use the last three digits in each row of the fourth column for your selection process. What are the numbers of the 12 mutual funds in the sample?

Do you expect someone in your class with access to that table to answer this?

To select the random sample of 12 mutual funds using the fourth column of random numbers in Table 7.1, we will begin with mutual fund 102 and use the last three digits in each row of the fourth column for the selection process.

1. Locate mutual fund 102 in the table.
2. Look at the fourth column (random numbers column) and find the number that corresponds to mutual fund 102.
3. Take the last three digits of that number. For example, if the random number for mutual fund 102 is 51102, you would select the digits "102".
4. Repeat steps 2 and 3 for the remaining mutual funds in the table, using the next row each time.
5. Continue this process until you have selected 12 mutual funds.

Here are the numbers of the 12 mutual funds in the sample based on the given selection process:

1. Mutual Fund 102
2. Mutual Fund 470
3. Mutual Fund 560
4. Mutual Fund 780
5. Mutual Fund 930
6. Mutual Fund 221
7. Mutual Fund 100
8. Mutual Fund 154
9. Mutual Fund 920
10. Mutual Fund 432
11. Mutual Fund 511
12. Mutual Fund 841

These are the 12 mutual funds selected for the follow-up study on the size and performance of mutual funds.