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Over 1920-2016, large company stocks had (arithmetic) average returns of 12.13% with standard deviation of 19.86%. What range of returns would you expect to see
Over 1920-2016, large company stocks had (arithmetic) average returns of 12.13% with standard deviation of 19.86%. What range of returns would you expect to see 68% of the time for large company stocks? What about 95% of the time? (Base your answer on the normal distribution.)(Source: http://www.moneychimp.com/features/market_cagr.htm)
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