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Given mean return of 60% and standard deviation of 25%, what is the probability of returning exactly 60%? How do I use norm.dist to answer
Given mean return of 60% and standard deviation of 25%, what is the probability of returning exactly 60%? How do I use norm.dist to answer this question? I tried to enter =norm.distr(.6,.6,.25,false) and got 1.5957. This sounds like the probability of getting exactly 60% return is 159% which doesn't seem right.
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