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Consider three stock funds, which we will call Stock Funds 1 , 2 , and 3 . Suppose that Stock Fund 1 has a mean

Consider three stock funds, which we will call Stock Funds 1,2, and 3. Suppose that Stock Fund 1 has a mean yearly return of 17.80
percent with a standard deviation of 12.40 percent; Stock Fund 2 has a mean yearly return of 13.90 percent with a standard deviation
of 14.00 percent, and Stock Fund 3 has a mean yearly return of 7.20 percent with a standard deviation of 16.50 percent.
(a) For each fund, find an interval in which you would expect 95.44 percent of all yearly returns to fall. Assume returns are normally
distributed. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.)
(b) Using the intervals you computed in part a, compare the three funds with respect to average yearly retConsider three stock funds, which we will call Stock Funds 1,2, and 3. Suppose that Stock Fund 1 has a mean yearly return of 17.80
percent with a standard deviation of 12.40 percent; Stock Fund 2 has a mean yearly return of 13.90 percent with a standard deviation
of 14.00 percent, and Stock Fund 3 has a mean yearly return of 7.20 percent with a standard deviation of 16.50 percent.
(a) For each fund, find an interval in which you would expect 95.44 percent of all yearly returns to fall. Assume returns are normally
distributed. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.)
(b) Using the intervals you computed in part a, compare the three funds with respect to average yearly returns and with respect to
variability of returns.urns and with respect to
variability of returns.
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