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Consider a population of 1,024 mutual funds that primarily invest in large companies. You have determined that m, the mean one-year total percentage return achieved
Consider a population of 1,024 mutual funds that primarily invest in large companies. You have determined that m, the mean one-year total percentage return achieved by all the funds, is 8.20 and that s, the standard deviation, is 2.75. According to the Chebyshev rule, at least 93.75% of these funds are expected to have one-year total returns between what two amounts?
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