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In the first quarter of 2017, a group of mutual funds had a mean return of 6.7% and a standard deviation of 2.3% The returns were well-described by a Normal model. According to the Normal model N(6.7% 2.3%) determine what percentage of this group of funds you would expect to have the following returns a) Over 6.8 % 7 c) More than 1%? b) Between 0% and 7.6%? d) Less than 0%7 a) The expected percentage of returns that are over 6.8% is (Type an integer or a decimal rounded to one decimal place as needed)

In the first quarter of 2017, a group of mutual funds had a mean return of 6.7% and a standard deviation of 2.3% The returns were well-described by a Normal model. According to the Normal model N(6.7% 2.3%) determine what percentage of this group of funds you would expect to have the following returns a) Over 6.8 % 7 c) More than 1%? b) Between 0% and 7.6%? d) Less than 0%7 a) The expected percentage of returns that are over 6.8% is (Type an integer or a decimal rounded to one decimal place as needed)

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In the first quarter of 2017, a group of mutual funds had a mean return of 6.7% and a standard deviation of 2.3%. The returns were well-described by a Normal model. According to Kthe Normal model N(6.7% 2.3%) determine what percentage of this group of funds you would expect to have the following returns. a) Over 6.8%? c) More than 1%? b) Between 0% and 7.6 %7 d) Less than 0%7 a) The expected percentage of returns that are over 6.8% is (Type an integer or a decimal rounded to one decimal place as needed.)
Transcribed Image Text:In the first quarter of 2017, a group of mutual funds had a mean return of 6.7% and a standard deviation of 2.3%. The returns were well-described by a Normal model. According to Kthe Normal model N(6.7% 2.3%) determine what percentage of this group of funds you would expect to have the following returns. a) Over 6.8%? c) More than 1%? b) Between 0% and 7.6 %7 d) Less than 0%7 a) The expected percentage of returns that are over 6.8% is (Type an integer or a decimal rounded to one decimal place as needed.)
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