3) An asset has returns of 5 percent, 17 percent, 18 percent, and 18 percent for the past 4 years. Based on this information, what is the 95 percent probability range for any one given year?

11.2 to 22.2 percent

14.0 to 19.5 percent

61.5 to 72.5 percent

28.0 to 39.0 percent

28.0 to 22.2 percent