Essentials Of Statistics For Business & Economics
9th Edition
ISBN: 9780357045435
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 6.2, Problem 18E
Large-Cap Domestic Stock Fund. The average return for large-cap domestic stock funds over the three years was 14.4%. Assume the three-year returns were
- a. What is the
probability an individual large-cap domestic stock fund had a three-year return of at least 20%? - b. What is the probability an individual large-cap domestic stock fund had a three-year return of 10% or less?
- c. How big does the return have to be to put a domestic stock fund in the top 10% for the three-year period?
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Chapter 6 Solutions
Essentials Of Statistics For Business & Economics
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