Answered step by step
Verified Expert Solution
Question
1 Approved Answer
question 18 QUESTION 18 % if the If we assume that the annual return on common stocks are normally distributed, then approximately 95% of the
question 18
QUESTION 18 % if the If we assume that the annual return on common stocks are normally distributed, then approximately 95% of the returns will fall within the range. average historical return is 13.3% with a standard deviation of 20.1%. A. 6.8 to 33.4 B.-6.8 to 33.4 C.-26.9 to 33.4 D.-5.1 to 45.7 E. -26.9 to 53.5 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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