Posted: September 16th, 2017
What is the probability that the return will be greater than 10 percent? 20 percent? 30 percent? 40 percent? 50 percent?
Summer Storme is analyzing an investment. The expected one-year return on the investment is 20 percent. The probability distribution of possible returns is approximately normal with a standard deviation of 15 percent. a.What are the chances that the investment will result in a negative return? b.What is the probability that the return will be greater than 10 percent? 20 percent? 30 percent? 40 percent? 50 percent?
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