The probability of getting a return less than 100 percent. Introduction: The Normal distribution curve is a bell-shaped curve formed based on the frequency distribution of the observations The mean or average of the observations and their standard deviation defines the normal distribution curve. Standard deviation refers to the variation in the actual observations from the average. Z-Score helps to identify how many numbers of standard deviations the raw score or outcome is away from the average or mean.

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Chapter 10, Problem 26QP

Summary Introduction

To determine: The probability of getting a return less than 100 percent.

Introduction:

The Normal distribution curve is a bell-shaped curve formed based on the frequency distribution of the observations The mean or average of the observations and their standard deviation defines the normal distribution curve.

Standard deviation refers to the variation in the actual observations from the average.

Z-Score helps to identify how many numbers of standard deviations the raw score or outcome is away from the average or mean.

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