QUESTION 39The monthly expenditures on grocery shopping for all households in a town has a mean of $300 and a standard deviation of 50.The distribution of these monthly expenditures is symmetric and bell-shaped. At what approximate percentile would the personwho spends $400 per month on groceries be at in the distribution?O 9gthpercentileO 85th percentileO 75th percentileO 68thpercentile QUESTION 41An investor has decided to form a portfolio by putting 45% of his money into Google's stock and the remaining money into Apple'sstock. The investor assumes that the expected returns will be 12% on Google and 20% on Apple, and that the standard deviationswill be 0.10 and 0.20, respectively. What is the expected (mean) return on the portfolio?OE [Return on portfolio] = 0.4160O E [Return on portfolio] = 0.1560O E [Return on portfolio] = 0.1640OE [Return on portfolio] = 0.6140

Name: QUESTION 39The monthly expenditures on grocery shopping for all house
Uploaded: 2024-03-20T07:06:41.000Z
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Description: QUESTION 39The monthly expenditures on grocery shopping for all households in a town has a mean of $300 and a standard deviation of 50.The distribution of these monthly expenditures is symmetric and bell-shaped. At what approximate percentile would

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QUESTION 39 The monthly expenditures on grocery shopping for all households in a town has a mean of $300 and a standard deviation of 50. The distribution of these monthly expenditures is symmetric and bell-shaped. At what approximate percentile would the person who spends $400 per month on groceries be at in the distribution? O 98th percentile O 85th percentile O 75th percentile O 68th percentile