Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Question 16 - point) If we assume that the annual return on common stocks are normally distributed, then approximately 95% of the returns will fall
Question 16 - point) If we assume that the annual return on common stocks are normally distributed, then approximately 95% of the returns will fall within the range % if the average historical return is 13.2% with a standard deviation of 20.3%. B O-27.4 to 33.5 9 -27.4 to 53.8 -7.1 to 33.5 12 7.1 to 33.5 -28.3 to 52.9
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started