Question
Given a normal distribution, assume you want to earn a rate of return that plots more than three standard deviations above the mean. What is
Given a normal distribution, assume you want to earn a rate of return that plots more than three standard deviations above the mean. What is your probability of earning such a return in any one year?
- .15 to .25 percent
- .14 percent or less
- .51 to 1 percent
- .26 to .50 percent
- More than 1 percent
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
