Jim is the owner of a stock with annual returns of 17.6 percent, −11.7 percent, 5.6 percent, and 9.7 percent for the past four years. He thinks the stock may achieve a return of 17 percent again this coming year. What is the probability that Jim is correct? A. Less than .5 percent B. Greater than .5 percent but less than 1 percent C. Greater than 1 percent but less than 2.5 percent D. Greater than 2.5 percent but less than 16 percent E. Greater than 16 percent

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A: Given:

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A:

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A: HERE USE GIVEN INFORMATION AND EXPECTED VALUE FORMULA

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