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The historical returns on a balanced portfolio have had an average return of 6% and a standard deviation of 13%. Assume that returns on this portfolio follow a normal distribution. a. What percentage of returns were greater than 45%? Note: Round your answer to 2 decimal places. Percentage of returns % b. What percentage of returns were below -7%? Note: Round your answer to 2 decimal places. Percentage of returns %

The historical returns on a balanced portfolio have had an average return of 6% and a standard deviation of 13%. Assume that returns on this portfolio follow a normal distribution. a. What percentage of returns were greater than 45%? Note: Round your answer to 2 decimal places. Percentage of returns % b. What percentage of returns were below -7%? Note: Round your answer to 2 decimal places. Percentage of returns %

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The historical returns on a balanced portfolio have had an average return of 6% and a standard deviation of 13%. Assume that returns on this portfolio follow a normal distribution. a. What percentage of returns were greater than 45%? Note: Round your answer to 2 decimal places. Percentage of returns % b. What percentage of returns were below -7%? Note: Round your answer to 2 decimal places. Percentage of returns %
Transcribed Image Text:The historical returns on a balanced portfolio have had an average return of 6% and a standard deviation of 13%. Assume that returns on this portfolio follow a normal distribution. a. What percentage of returns were greater than 45%? Note: Round your answer to 2 decimal places. Percentage of returns % b. What percentage of returns were below -7%? Note: Round your answer to 2 decimal places. Percentage of returns %
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