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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, what percentage of these funds is expected to be within {1,{2, or {3 standard devia-tions of the mean?"
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