Suppose the annual return on XYZ stock follows a normal distribution with a mean of 12% and standard deviation of 30%.

QUESTION:

A. There is a chance of 5% that the return on XYZ during the year will be greater than what value?

B. There is a 1% chance the return on XYZ during the year will be greater than what value?

C. There is a 95% chance that the return on XYZ during a year will be between which two values (equidistant from the mean)?

Hi tutor! Please help me with my assignment. Please provide a clear explanation. Thank you in advance.