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According to the Normal model N ( 0 . 0 5 3 , 0 . 0 1 4 ) describing mutual fund returns in the
According to the Normal model describing mutual fund returns in the st quarter of determine what percentage of this group of funds you
would expect to have the following returns. Complete parts a through d below.
a Over
b Between and
c More than
d Less than
a The expected percentage of returns that are over is
Type an integer or a decimal rounded to one decimal place as needed.
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