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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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