Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean of 51 and a standard deviation of 14. The customers with scores in the bottom 10% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
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Chapter1: Starting With Matlab
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MCC Component 9 Checklist - MATH 1342.90 Elementary Statistical Methods...
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O RANDOM VARIABLES AND DISTRIBUTIONS
Normal distribution: Finding a raw score
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Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio
managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are
approximately normally distributed with a mean of 51 and a standard deviation of 14. The customers with scores in the bottom
10% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from
those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.
Explanation
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Transcribed Image Text:+ I/ * 00 * LO Safari File Edit View History Bookmarks Window Help www-awu.aleks.com MCC Component 9 Checklist - MATH 1342.90 Elementary Statistical Methods... A ALEKS - KeiAundria Harris - Learn FAMILY LAWYER IN WACO - Google S O RANDOM VARIABLES AND DISTRIBUTIONS Normal distribution: Finding a raw score KeiAu 0/5 Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean of 51 and a standard deviation of 14. The customers with scores in the bottom 10% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place. Explanation Check 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use Privacy Center Accessibility MacBook Air 08 F3 DD esc L F4 F5 F1 F2 # $ 8. 6. 4. 9. 2. R. tab K H. s lock > N 入 option control option command
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