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Assume the returns of a stock follow a normal distribution with a mean return of 18% and a standard deviation of 6%. The probability of an actual return above 24% would be and of a negative return would be

Assume the returns of a stock follow a normal distribution with a mean return of 18% and a standard deviation of 6%. The probability of an actual return above 24% would be and of a negative return would be

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 11PT
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Assume the returns of a stock follow a normal distribution with a mean return of 18% and a standard deviation of 6%. The probability of an actual return above 24% would be and of a negative return would be a. 16%; 0.5% b. 2.5%; 5% O c. 2.5%; 2.5% Od. 5%; 0.5%
Transcribed Image Text:Assume the returns of a stock follow a normal distribution with a mean return of 18% and a standard deviation of 6%. The probability of an actual return above 24% would be and of a negative return would be a. 16%; 0.5% b. 2.5%; 5% O c. 2.5%; 2.5% Od. 5%; 0.5%
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