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A stock had annual returns of 3.6 percent, -8.7 percent, 5.6 percent, and 12.5 percent over the past four years. Which one of the following
A stock had annual returns of 3.6 percent, -8.7 percent, 5.6 percent, and 12.5 percent over the past four years. Which one of the following best describes the probability that this stock will produce a return of 22 percent or more in a single year?
less than 0.1 percent | ||
less than 0.5 percent but greater than 0.1 percent | ||
less than 1.0 percent but greater the 0.5 percent | ||
less than 2.5 percent but greater than 0.5 percent | ||
less than 5 percent but greater than 2.5 percent |
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