An investment has an expected return of 12 percent per year with a standard deviation of 6 percent. Assuming that the returns on this investment are at least roughly normally distributed, what percentage of the time do you expect to lose money? Note: Enter your answer as a percent rounded to 2 decimal places. Expect to lose money % of the time
An investment has an expected return of 12 percent per year with a standard deviation of 6 percent. Assuming that the returns on this investment are at least roughly normally distributed, what percentage of the time do you expect to lose money? Note: Enter your answer as a percent rounded to 2 decimal places. Expect to lose money % of the time
Principles of Modern Chemistry
8th Edition
ISBN:9781305079113
Author:David W. Oxtoby, H. Pat Gillis, Laurie J. Butler
Publisher:David W. Oxtoby, H. Pat Gillis, Laurie J. Butler
ChapterA: Scientific Notation And Experimental Error
Section: Chapter Questions
Problem 8P
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investment are at least roughly normally distributed, what percentage of the time do you expect to lose money?
Note: Enter your answer as a percent rounded to 2 decimal places.
Expect to lose money
% of the time"
Transcribed Image Text:An investment has an expected return of 12 percent per year with a standard deviation of 6 percent. Assuming that the returns on this
investment are at least roughly normally distributed, what percentage of the time do you expect to lose money?
Note: Enter your answer as a percent rounded to 2 decimal places.
Expect to lose money
% of the time
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