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2. Snacks Inc. has a mean expected return of 15%, with a standard deviation of 8%. The CFO is going to the bank to discuss
2. Snacks Inc. has a mean expected return of 15%, with a standard deviation of 8%. The CFO is going to the bank to discuss a large loan. The banker asks what range of returns, with a 95% confidence level, will contain Snacks true expected returns next year. a. (-1%, 31%) b. (7%, 23%) c. (7%, 15%) d. Cannot calculate due to the lack of information
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