Question
Lester has a portfolio with an average return of 10.7 percent and a standard deviation of 9.1 percent. He has a five percent probability of
Lester has a portfolio with an average return of 10.7 percent and a standard deviation of 9.1 percent. He has a five percent probability of losing _____ percent or more in any given year. Probability of loss "z" value
1.0% 2.326
2.5 1.960
5.0 1.645
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The Complete Idiots Guide To Personal Finance In Your 40s And 50s
Authors: Sarah Fisher, Susan Shelly
1st Edition
0028642732, 9780028642734
