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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 N(0.053,0.014) describing mutual fund returns in the 1 st quarter of 2013, determine what percentage of this group of funds you
would expect to have the following returns. Complete parts (a) through (d) below.
a) Over 6.8%?
b) Between 0% and 7.6%?
c) More than 1%?
d) Less than 0%?
a) The expected percentage of returns that are over 6.8% is %.
(Type an integer or a decimal rounded to one decimal place as needed.)
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