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Acertain stock market had a mean return of 1.8% in a recent year. Assume that the returns for stocks on the market were distributed normally,
Acertain stock market had a mean return of 1.8% in a recent year. Assume that the returns for stocks on the market were distributed normally, with a mean of 1.8 and a standard deviation of 10. Complete parts (a) through (9) below. a. If you select an individual stock from this population, what is the probability that it would have a percentage return less than 0 (that is, a loss)? The probability is E. (Round to four decimal places as needed.) b. If you select an individual stock from this population, what is the probability that it would have a percentage return between - 8 and - 20? The probability is E. (Round to four decimal places as needed.) c. If you select an individual stock from this population, what is the probability that it would have a percentage return greater than - 3? The probability is E. (Round to four decimal places as needed.) d. If you select a random sample of four stocks from this population, what is the probability that the sample would have a mean percentage return less than 0 (a loss)? The probability is E. (Round to four decimal places as needed.) e. If you select a random sample of four stocks from this population, what is the probability that the sample would have a mean percentage return between - 8 and -20? The probability is E. (Round to four decimal places as needed.)
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