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The quarterly returns for a group of 78 mutual funds with a mean of 3.2% and a standard deviation of 4.2% can be modeled by a Normal model. Based on the model N(0.032.0.042), what are the cutoff values for the a) highest 20% of these funds? b) lowest 40%? c) middle 80%? d) highest 60% 7

The quarterly returns for a group of 78 mutual funds with a mean of 3.2% and a standard deviation of 4.2% can be modeled by a Normal model. Based on the model N(0.032.0.042), what are the cutoff values for the a) highest 20% of these funds? b) lowest 40%? c) middle 80%? d) highest 60% 7

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The quarterly returns for a group of 78 mutual funds with mean of 3.2% and a standard deviation of 4.2% can be modeled by a Normal model. Based on the model N(0.032,0.042), what are the cutoff values for the a) highest 20% of these funds? b) lowest 40%? c) middle 80%? d) highest 60%?
Transcribed Image Text:The quarterly returns for a group of 78 mutual funds with mean of 3.2% and a standard deviation of 4.2% can be modeled by a Normal model. Based on the model N(0.032,0.042), what are the cutoff values for the a) highest 20% of these funds? b) lowest 40%? c) middle 80%? d) highest 60%?
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