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(A) Run descriptive statistics to calculate the mean and standard deviation.Choose cell E15 for the output range.For the next three questions remember to reference cells
(A) Run descriptive statistics to calculate the mean and standard deviation.Choose cell E15 for the output range.For the next three questions remember to reference cells when data you need are already calculated.Do not retype the data as this could lead to rounding errors.
(B) Assuming that the data are normal, what percentage of the time should you expect to see a monthly return of less than 2% for the Dow?
(C) 75% of the time the return on the Dow is less than what amount?
(D) 60% of the time the return on the Dow is greater than what amount?
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