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Do question B. Figure12.10 I tried both .0000005 and .00000053 S12-18 Using Return Distributions [LO3] Assume that the returns from holding small-company stocks are normally
Do question B.
Figure12.10
I tried both .0000005 and .00000053
S12-18 Using Return Distributions [LO3] 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 a 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, eg.,1616161.) a. Probabliity of doubling b. Probability of tripling 0.450 % 5.3000000e-71 %Step by Step Solution
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