An investor believes that the yields of his mutual funds have a normal distribution with an average yield of 10% and a standard deviation of 2%. The investor would like to identify the stocks which yield the highest 5% to keep in his portfolio. a. Calculate the yield which separates the highest 5% of yields from the lowest 95% of yields. b. If a stock yielded 14% would it be kept? Explain. c. If a stock yielded 13% would it be kept? Explain.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter4: Factors, Fractions, And Exponents
Section4.4: Least Common Multiple
Problem 64E
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splaUA
э эрт
orpojuod sty un daay of %,5 am a рa и por
41 "7 јо иопстлар риерите и рие 9,01 jo pi
а
пиаро |
ur qila vognqunsip jewou e akty spuny perine say to speak to me and most
Transcribed Image Text:30 5,56 в мој эр] moj sppió jo 3,5 tsaying aqı saqued "umjdxa), „aday aq II Pinos %€ 1 Papirić pois ja unejdx] (dəy 30 11 pjnos 5%F1 paplar уов и д] 'q splaUA э эрт orpojuod sty un daay of %,5 am a рa и por 41 "7 јо иопстлар риерите и рие 9,01 jo pi а пиаро | ur qila vognqunsip jewou e akty spuny perine say to speak to me and most
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