An asset has an average return of 10.43 percent and a standard deviation of 22.83 percent. What is the most you should expect to earn in any given year with a probability of 2.5 percent?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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An asset has an average return of 10.43 percent and a standard deviation of 22.83 percent. What is the most you should
expect to earn in any given year with a probability of 2.5 percent?
56.09%
44.68%
33.26%
67.51%
78.92%
Transcribed Image Text:An asset has an average return of 10.43 percent and a standard deviation of 22.83 percent. What is the most you should expect to earn in any given year with a probability of 2.5 percent? 56.09% 44.68% 33.26% 67.51% 78.92%
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