Question
Sam owns shares of apple. For the past five years, these shares have returned 146% on average. Moreover, these returns have standard deviation of (159/2)
Sam owns shares of apple. For the past five years, these shares have returned 146% on average. Moreover, these returns have standard deviation of (159/2) per cent. Please state the range of returns (from the lowest to highest), we could expect for the next twelve months with a confidence of ninety five per cent?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
