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Assume that the equity risk premium is normally distributed with a population mean of 6 percent and a population standard deviation of 1 8 percent.
Assume that the equity risk premium is normally distributed with a population mean of percent and a population standard deviation of percent. Over the last four years, equity returns relative to the riskfree rate have averaged percent. You have a large client who is very upset and claims that results this poor should never occur. Evaluate your clients concerns. A Construct a percent confidence interval around the population mean for a sample of fouryear returns. B What is the probability of a percent or lower average return over a fouryear period I only need help with part B If you can show on excel on use formula text.
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