Mutual funds, again. From the mutual funds in Exercise 23 with quarterly returns that are well modeled

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Mutual funds, again. From the mutual funds in Exercise 23 with quarterly returns that are well modeled by a Normal model with a mean of 6.2% and a standard deviation of 1.8%, find the cutoff return value(s) that would separate the

a) highest 50%.

b) highest 16%.

c) lowest 2.5%.

d) middle 68%.

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Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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