An investment strategy has an expected return of 4% and a standard deviation of 6%. Assume that

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An investment strategy has an expected return of 4% and a standard deviation of 6%. Assume that investment returns are normally distributed. Use the empirical rule to answer the following questions.

a. What is the probability of earning a return greater than 10%?

b. What is the probability of earning a return less than – 8%? LO5

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 25, 2024 08:04 AM

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An investment strategy has an expected return of 4% and a standard deviation of 6%. Assume that

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Business Statistics Communicating With Numbers

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