A financial advisor informs a client that the expected return on a portfolio is 8% with a
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A financial advisor informs a client that the expected return on a portfolio is 8% with a standard deviation of 12%. There is a 15% chance that the return would be above 16%. If the advisor is right about her assessment, is it reasonable to assume that the underlying return distribution is normal?
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Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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