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A hedge fund earns a mean annual return of 20%with a 10%standard deviation.One year,the fund return is-10%.What is the probability of a result bad or
A hedge fund earns a mean annual return of 20%with a 10%standard deviation.One year,the fund return is-10%.What is the probability of a result bad or worse happening?Assume the distribution issymmetrical.(Hint:useChebyshev's Inequality).
a. ) 11%
b.) 12.5%
c.) 25%
d.) 5.5%
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