The historical returns on a balanced portfolio have had an average return of 8% and a standard
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The historical returns on a balanced portfolio have had an average return of 8% and a standard deviation of 12%.
Assume that returns on this portfolio follow a normal distribution. Use the empirical rule to answer the following questions.
a. What percentage of returns were greater than 20%?
b. What percentage of returns were below - 1 6%? LO5
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780071317610
1st Edition
Authors: Kelly Jaggia
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