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A study of hedge fund investors found that their annual household incomes are normally distributed with a mean of $175,000 and a standard deviation of
A study of hedge fund investors found that their annual household incomes are normally distributed with a mean of $175,000 and a standard deviation of $25,000. F(1)=0.8413, F(2)=0.9772, F(3)=0.9987 The percent of hedge fund investors that have incomes less than $100,000 is closest to: A. 0.05% B. 0.10% C. 0.13%
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