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Shiny owns stock with annual returns of 17.6 percent, 11.7 percent, 5.6 percent, and 9.7 percent for the past four years. She thinks the stock
Shiny owns stock with annual returns of 17.6 percent, 11.7 percent, 5.6 percent, and 9.7 percent for the past four years. She thinks the stock may achieve a return of 17 percent again this coming year. What is the probability that your friend is correct?
a. Greater than 16 percent
b.
Less than .5 percent
c. Greater than .5 percent but less than 1 percent
d. Greater than 2.5 percent but less than 16 percent
e.
Greater than 1 percent but less than 2.5 percent
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