Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assume a normal probability distribution. Intel Inc. has an expected return of 13% and a standard deviation of 27%. Thus, we can expect there would
Assume a normal probability distribution. Intel Inc. has an expected return of 13% and a standard deviation of 27%. Thus, we can expect there would be a 68.26% probability that their actual return would be in the range of ______ to ______, and a 95.46% probability that their actual return would be in the range of ______ to ______.
Please explain your answer, thanks.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started