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Assume that the returns from holding small-company stocks are normally distributed. Refer to Figure 12.10 and Table A.5. a. What is the approximate probability that
Assume that the returns from holding small-company stocks are normally distributed. Refer to Figure 12.10 and Table A.5. a. What is the approximate probability that your money will double in value in a single year? (Do not round intermediate calculations and enter your answer as percent rounded to 2 decimal places, e.g., 32.16.) b. What about triple in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 7 decimal places, e.g., .1616161.) Answer is complete but not entirely correct. Long-term government 6 bonds Intermediate-term government bonds U.S. Treasury bills Inflation The 1933 smeiticompary stocks total return was 142.9 parcent. SOURCE 2020 58B1 Yarbook Duft 8 Phaips TABI L L.s Cumulation normal distribution This table shows the probability [N(d)] of observmg a value less than or equal to d For example, as illustrated, if d is -24 , then N(d) is 4052
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