Mutual fund probabilities. According to the Normal model N(0.062, 0.018) describing mutual fund returns in the 1st

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Mutual fund probabilities. According to the Normal model N(0.062, 0.018) describing mutual fund returns in the 1st quarter of 2013 in Exercise 23, what percent of this group of funds would you expect to have return

a) over 6.8%?

b) between 0% and 7.6%?

c) more than 1%?

d) less than 0%?

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Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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