Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fast answer pls ses / BUSS101-T221 / Assessment tasks / AT1 Quiz (Week 8) Suppose the return, X, on an investment is normally distributed with

image text in transcribed

Fast answer pls

image text in transcribed
ses / BUSS101-T221 / Assessment tasks / AT1 Quiz (Week 8) Suppose the return, X, on an investment is normally distributed with mean 38 and standard deviation 6.5. What is the 15.87th percentile of X? Select one: O a. 31.500 O b. -9.540 O c. 72.540 Od. -50.58

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Numerical Analysis

Authors: Richard L Burden, J Douglas Faires, Annette M Burden

10th Edition

1305465350, 9781305465350

More Books

Students also viewed these Mathematics questions

Question

Explain the ways in which ROI can be improved.

Answered: 1 week ago