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In the last quarter of 2007, a group of 64 mutual funds had a mean return of 4.4% with a standard deviation of 1.2%. Consider
In the last quarter of 2007, a group of 64 mutual funds had a mean return of 4.4% with a standard deviation of 1.2%. Consider the Normal model N{0.044, 0.012) for the retums of these mutual funds. a) What value represents the 40th percentile of these returns? b} What value represents the 99th percentile? 1:) What's the IQR. or interquartie range. of the quarterly returns for this group of funds? a) The value that represents the 40111 percentile is 1%. {Round to two decimal places as needed.) b} The value that represents the 99th percentile is 1%. {Round to two decimal places as needed.) 1:) The IQR is D's. {Round to two decimal places as needed .)
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