Suppose that the annual rate of return for a common biotechnology stock is normally distributed with a mean of 7% and a standard deviation of 4%. Find the probability that the one-year return of this stock will be negative. Round your answer to at least four decimal places. 0 X

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Suppose that the annual rate of return for a common biotechnology stock is normally distributed with a
mean of 7% and a standard deviation of 4%. Find the probability that the one-year return of this stock will
be negative. Round your answer to at least four decimal places.
10
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Transcribed Image Text:Suppose that the annual rate of return for a common biotechnology stock is normally distributed with a mean of 7% and a standard deviation of 4%. Find the probability that the one-year return of this stock will be negative. Round your answer to at least four decimal places. 10 Continue X S 25 McGraw All Rights Reserved. Submit Ass Terms of Use | Privacy Center Ace
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