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7. An investment company believes that the rate of return (X) on an investment portfolio is normally distributed with mean of 30% and standard
7. An investment company believes that the rate of return (X) on an investment portfolio is normally distributed with mean of 30% and standard deviation of 10%. Determine the probability that rate of return will be; a) more than 55%. b) less than 48%. c) less than 30%. d) between 17% to 28%. (2 Marks) (2 Marks) (2 Marks) (2 Marks)
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Probability and Random Processes With Applications to Signal Processing and Communications
Authors: Scott Miller, Donald Childers
2nd edition
123869811, 978-0121726515, 121726517, 978-0130200716, 978-0123869814
