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An investment has a mean return of 16% and a standard deviation of returns equal to 8%. If the distribution of returns is approximately normal,
An investment has a mean return of 16% and a standard deviation of returns equal to 8%. If the distribution of returns is approximately normal, which of the following statements is least accurate? The probability of obtaining a return:
A. less than 16% is about 50%. B. greater than 32% is about 2.28%. C. between 8% and 24% is about 95.44%. D. greater than 0% is about 97.72%.
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