Essentials of Business Analytics (MindTap Course List)
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN: 9781305627734
Author: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher: Cengage Learning
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Chapter 5, Problem 30P

Suppose that the return for a particular large-cap stock fund is normally distributed with a mean of 14.4% and standard deviation of 4.4%.

  1. a. What is the probability that the large-cap stock fund has a return of at least 20%?
  2. b. What is the probability that the large-cap stock fund has a return of 10% or less?
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Essentials of Business Analytics (MindTap Course List)

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