Assume the returns from holding an asset are normally distributed. Also assume the average annual return for holding the asset a period of time was 16.2 percent and the standard deviation of this asset for the period was 34.7 percent. Use the NORMDIST function in Excel® to answer the following questions. a. What is the approximate probability that your money will double in value in a single year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161. b. What is the approximate probability that your money will triple in value in a single year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 8 decimal places, e.g., 32.16161616. a. Probability b. Probability % %

Assume the returns from holding an asset are normally distributed. Also assume the average annual return for holding the asset a period of time was 16.2 percent and the standard deviation of this asset for the period was 34.7 percent. Use the NORMDIST function in Excel® to answer the following questions. a. What is the approximate probability that your money will double in value in a single year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161. b. What is the approximate probability that your money will triple in value in a single year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 8 decimal places, e.g., 32.16161616. a. Probability b. Probability % %

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Find the standard deviation of the following numbers (Round your answer to 4 decimal places.): 1, 4, 4, 7, 7, 7, 11, 11, 14, 16, 16
The production of hybrid cars increased from $3.94 million in 2003 to $6.93 million in 2013. Calculate the average annual percent growth in the production of hybrid cars (use the geometric mean concept). Express your answer as a percentage rounded to two (2) decimal places.
A section of highway is posted with a 55 mph speed limit. In fact, speeds of cars traveling on this section are normally distributed with mean 58 mph and standard deviation 5 mph. If the state patrol decides to ticket cars in the fastest 10 %, at what speed will they start ticketing ? Round your answer to the first decimal position.
The life of light bulbs is distributed normally. The standard deviation of the lifetime is 25 hours and the mean lifetime of a bulb is 510 hours. Find the probability of a bulb lasting for at most 552 hours. Round your answer to four decimal places.
The NJ Department of Health has reported the average life span of NJ residents is 81 years. If the standard deviation is σ = 4 years, what is the probability of a person living to at least 92 years of age?
Assume that adults have IQ scores that are normally distributed with a mean of µ = 105 and a standard deviation o = 20. Find the probability that a randomly selected adult has an IQ between 85 and 125. Click to view page 1 of the table. Click to view page 2 of the table. ... The probability that a randomly selected adult has an IQ between 85 and 125 is (Type an integer or decimal rounded to four decimal places as needed.)
Find the mean and standard deviation for each Poisson: a. A = 6 (Round your standard deviation to 3 decimal places.) Mean Standard deviation b. A = 18 (Round your standard deviation to 3 decimal places.) Mean Standard deviation c. A = 3 (Round your standard deviation to 3 decimal places.) Mean Standard deviation
A driver has pumped 13 gallons of gas to his track. On average day that driver has to spend 2 gallons of gas with the deviation 1 gallons. Calculate the probability that these 13 gallons of gas will be enough for next 6 days of driving that track.