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3)Over the past five years, your investment provided the following percentage returns: Year Annual Return 2016 11% 2017 -18% 2018 -21% 2019 20% 2020 34%
3)Over the past five years, your investment provided the following percentage returns:
Year | Annual Return |
2016 | 11% |
2017 | -18% |
2018 | -21% |
2019 | 20% |
2020 | 34% |
Calculate the following statistics: (1/1000 of one percent without % sign, e.g. 12.671, if a negative percentage, -9.56):
Assume that the frequency distribution of annual returns followed a normal distribution. What is the range that you would expect the annual returns to fall within 95% of the time?
1) Lower limit of annual return Answer
2) Upper limit of annual return
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