Allison has owned an interest in a company called John Enterprises (JE). During the same time, Treasuries have yielded a 3% return. JE ha an average return of -3% with a standard deviation of 6%. Assuming the returns are normally distributed, what is the probability that JE w have a return greater than the Treasury securities? O a. 2.5%
Allison has owned an interest in a company called John Enterprises (JE). During the same time, Treasuries have yielded a 3% return. JE ha an average return of -3% with a standard deviation of 6%. Assuming the returns are normally distributed, what is the probability that JE w have a return greater than the Treasury securities? O a. 2.5%
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Transcribed Image Text:Allison has owned an interest in a company called John Enterprises (JE). During the same time, Treasuries have yielded a 3% return. JE has
an average return of -3% with a standard deviation of 6%. Assuming the returns are normally distributed, what is the probability that JE will
have a return greater than the Treasury securities?
O a. 2.5%
O b. 16 %
O c. 34%
O
d. 66%
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