Question
An investment has an expected return of 11% per year with a standard deviation of 24%. Assuming that the returns on this investment are at
An investment has an expected return of 11% per year with a standard deviation of 24%. Assuming that the returns on this investment are at least approximately normally distributed, how frequently do you expect to earn between -13% and 35%? How often do you expect to earn less than -13%?
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Quantitative Finance: An Object-Oriented Approach In C++
Authors: Erik Schlogl, Dilip B. Madan
1st Edition
1584884797, 978-1584884798
