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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 and Suppose that Stock Fund has a mean yearly return of percent with a standard deviation of percent; Stock Fund has a mean yearly return of percent with a standard deviation of percent, and Stock Fund has a mean yearly return of percent with a standard deviation of percent.
a For each fund, find an interval in which you would expect percent of all yearly returns to fall. Assume returns are normally distributed. Round your answers to decimal places. Negative amounts should be indicated by a minus sign.
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