(Solved by Humans)-I need help with my homework - Open EndRunGuide. PDF, the EndRun

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I need help with my homework -?

Open EndRunGuide. PDF, the EndRun Financial Services "Guide to Investing." Reexamine EndRun's Supporting data for the "More Winners Than Losers" and "The Big Eight Difference" and then answer the following:

Digital Case #1

1 - Can descriptive measures be computed for any variables? How would such summary statistics support EndRun's claims? How would those summary statistics affect your perception of EndRun's record?

2- Evaluate the methods EndRun used to summarize the results presented on the "Customer Survey Results" page. Is there anything you would do differently to summarize these results?

3- Note that the last question of the survey has fewer responses than the other questions. What factors may have limited the number of responses to that questions?

Please submit in the following format:
Tilting things in your favor

Guide to
Investing

The EndRun Financial Services
?Show Me The Data? Guarantee
Given the questionable practices of security firms
today, you?re understandably skeptical about any
investment claim. That?s why we?re happy to show you
the data to back up our claims in this guide!

We aim for 100% customer
satisfaction!

Guide to Investing Contents
The Story Behind Our Name
Exclusive Financial Analysis Tools
More Winners Than Losers!
The BIG EIGHT Difference!
Calculate Your Gains!
Customer Survey Results
Guaranteed Investment Plan (GIP)
More About Mutual Funds
What People Say About Us
Note: Adobe Reader X (10) or later is needed to see all of the content of this file.

THE STORY BEHIND OUR NAME
David Harold Valarkin had a problem. He had just
invented a new financial analysis system that was
sure to benefit small investors but he could not figure
out how to explain it. After weeks of hard work
considering alternate explanations, he decided to
attend a local football game.
At that game, one of the teams had constant trouble
advancing the football up the center of the line. The
team finally tried to run the ball to the side, around,
not through, the defensive
line on a play called an
end-run.
?That?s it!? Mr. Valarkin
thought. ?My system helps
investors do an end run
around their financial
woes? and he drew the
diagram to explain the new
name of his company.

EXCLUSIVE FINANCIAL TOOLS
Investing with EndRun means benefiting from our
exclusive financial tools.
For this investment season, we are pleased to announce our
newest tool, the Marginal Effect N-Dimensional Observations of
Z-axis Analysis Line Chart?
Sure, it?s a mouthful to say, but this new line chart
reduces your investment concerns down to just one
graph and one question:

?Am I above or below the M.E.N.D.O.Z.A. Line??
If you are above this line,
you?re doing just fine!
With the MENDOZA line,
there is no need to
perform individual
calculations?you just
examine your summary
graph (similar to the one
at right) and see if you
aggregate portfolio value
is above?or below?the thick red line.

MORE WINNERS THAN LOSERS!
That?s right! Even in today?s challenging world, winners
outpace losers by nearly a 2-to-1 margin among
investors who have trusted EndRun to select mutual
funds for their portfolio.

?Show Me The Data?
By nearly a two-to-one margin, winners outpace non-winners
among the investors who have trusted EndRun to invest their
entire portfolios in selected mutual funds.

View the percentage gain and loss data for each investor

The BIG EIGHT DIFFERENCE!
EndRun's winning Big Eight mutual funds help you get
a good return on your money. We're proud of the fact
that all funds have appreciated in value during the
past five-years.

?Show Me The Data?
Big Eight Fund Name
Assets 3-Yr Return
EndRun Recommended 1 1075.3
10.1
EndRun Recommended 2 952.4
10.4
EndRun Recommended 3 416.2
9.1
EndRun Recommended 4 138.7
10
EndRun Recommended 5
94.1
8.5
EndRun Recommended 6
59.4
9.5
EndRun Recommended 7
57.2
10.3
EndRun Recommended 8
52.7
10.4

CUSTOMER SURVEY RESULTS
We're very proud of the results of this latest survey!
EndRun 's customers are definitely satisfied!

?Show Me The Data?
Question
How do you rate
the quality of
mutual funds
recommendations?
How do you rate
the quality of
investment
selections?
How do you rate
the customer
responsiveness of
your investment
counselor?
How do you the
rate the quality of
our brochures and
Web site?
How do you rate
the overall service
provided?
How satisfied do
you expect to be
when using our
services this year?

Very
dissatisfied
(1)

Somewhat
dissatisfied
(2)

Neutral
(3)

Somewhat
Satisfied
(4)

Very
Satisfied
(5)

No. of
Responses

Mean
Response

3

0

4

7

12

26

3.962

3

5

12

2

5

27

3.037

0

2

4

22

9

26

4.039

0

1

20

1

4

27

3.259

1

4

11

9

2

27

3.259

2

0

11

2

4

19

3.316

CALCULATE YOUR GAINS!
Use our exclusive EndRun Financial Gains Calculator
to see what you could have gained if you had invested
with EndRun Financial Services during the past year.

?Show Me The Data?
Click on the big tilted E to activate the calculator

GUARANTEED INVESTMENT PLAN
With EndRun's Guaranteed Investment Package (GIP),
you have a four-out-of-five chance of getting
annualized rates of return of no less than 15%, based
on the experience of a select group of our customers.

?Show Me The Data?
As the following table shows, you have a four-out-of-five chance of
getting annualized rates of return of no less than 15%, based on the
experience of a select group of our best customers using our
Guaranteed Investment Plan.
Return Not Less Than 15%
Best 10 Customers
Other Customers

Return Less Than 15%
8
0

2
19

That's not all. A survey of 168 Ashland-area investors
revealed that there was only a 7% probability of being
an EndRun investor who lost money!

?Show Me the Winning Probabilities!?
As the following table shows, there is only a 7% probability of being
an EndRun investor who lost money!
Invested at EndRun and lost money: 11 Total number in survey: 168
Probability = 11/168 or about 7%!
Made Money?
Yes
No
Total

Invested at EndRun
Yes
No
18
94
11
45
29
139

Total
112
56
168

MORE ABOUT MUTUAL FUNDS
Mutual funds are investments that are created by pooling together the money of individual
investors who have similar investment goals. Investment professionals manage these funds by
buying and selling securities that they think, based on their own research and analysis, best suit
the goals of the investors. The securities so purchased on behalf of the investors form the
portfolio of the fund. Owning a part of a portfolio, instead of owning specific securities, allows
individual investors to diversify their investment, thereby lowering their risk, or probability,
that they will experience extreme fluctuations in the value of their investments.
Investment professionals also manage risk by their selection of securities that they buy for a
particular mutual fund. For high-risk funds, professionals select those securities that they think
show the greatest potential for appreciation, or rise in the principal invested, paying less worry
to the probability that the securities may lose or fail to gain value. For low-risk funds,
professionals select securities that historically have not lost value and that have not been
volatile, that is, have not shown a great variability in price over a period of time. Generally,
these professionals expect to trade off return for risk, so low-risk funds by definition are not
expected to generate the gains in principal that high-risk funds might.
Individual investors buy into existing mutual funds by purchasing shares in a fund. Shares are
priced according to net asset values (NAV), calculated by dividing the market value of all
securities in the mutual fund portfolio by the number of outstanding shares in the fund.
Investors may also have to pay a sales charge, a type of transaction fee for buying and/or selling
shares.
Individual investors realize gains through dividends earned by securities held in the mutual
fund portfolio and by capital gains, the sale of portfolio securities for a gain by the fund
managers. Individual investors can also realize a capital gain if they sell their mutual fund
shares at a price higher than they paid for them.
For their services, mutual funds managers may also charge a variety of fees, typically expressed
as an expense ratio, a percentage amount that is deducted from the total value of the mutual
fund. These fees, plus the sales charges, if any, reduce the actual return that individual investors
see, and can make a mutual fund with a high rate of return not always the best investment
choice.

WHAT PEOPLE SAY ABOUT US

?My EndRun Portfolio manager Whitney was so nice.?
-Marilyn from Florida

?You guys are one-of-a-kind!?
-Tom from Portland

?The Mendoza Line makes analysis easy!?
-Tim from Memphis
?I cannot believe the results I got investing with you!?
-Warren from Omaha