Over a particular period, an asset had an average return of 5.4 percent and a standard deviation of 8.2 percent. What range of returns would you expect to see 68 percent of the time for this asset? (A negative answer should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete and correct. Expected range of returns -2.80 % to 13.60 % What about 95 percent of the time? (A negative answer should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) * Answer is complete but not entirely correct. Expected range of returns -10.60% to 22.00 %

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
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Over a particular period, an asset had an average return of 5.4 percent and a standard
deviation of 8.2 percent.
What range of returns would you expect to see 68 percent of the time for this asset? (A
negative answer should be indicated by a minus sign. Input your answers from lowest
to highest to receive credit for your answers. Do not round intermediate calculations
and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer is complete and correct.
Expected range of
returns
-2.80 % to
13.60
%
What about 95 percent of the time? (A negative answer should be indicated by a minus
sign. Input your answers from lowest to highest to receive credit for your answers. Do
not round intermediate calculations and enter your answers as a percent rounded to
2 decimal places, e.g., 32.16.)
* Answer is complete but not entirely correct.
Expected range of
returns
-10.60% to
22.00
%
Transcribed Image Text:Over a particular period, an asset had an average return of 5.4 percent and a standard deviation of 8.2 percent. What range of returns would you expect to see 68 percent of the time for this asset? (A negative answer should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete and correct. Expected range of returns -2.80 % to 13.60 % What about 95 percent of the time? (A negative answer should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) * Answer is complete but not entirely correct. Expected range of returns -10.60% to 22.00 %
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