We have been told that in history, the one-year returns follow approximately the normal distribution. Given that the one-year return for the S&P 500 was +27% (that is, 0.27) and its S.D (standard deviation) is 20% (that is, 0.2). (i) Determine the probability that a stock in the S&P 500 gained 30% or more last yearrrrr? (ii) DEtermine the probability that a stock in the S&P 500 lost 10% or more last year? (iii) Determine the probability that a stock in the S & P lost 14% or more last year?
We have been told that in history, the one-year returns follow approximately the normal distribution. Given that the one-year return for the S&P 500 was +27% (that is, 0.27) and its S.D (standard deviation) is 20% (that is, 0.2). (i) Determine the probability that a stock in the S&P 500 gained 30% or more last yearrrrr? (ii) DEtermine the probability that a stock in the S&P 500 lost 10% or more last year? (iii) Determine the probability that a stock in the S & P lost 14% or more last year?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 3CYU
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