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Suppose the monthly rate of return on the S&P 500 is normally distributed with a mean of 1.5% and the standard deviation of 8.5%. What
Suppose the monthly rate of return on the S&P 500 is normally distributed with a mean of 1.5% and the standard deviation of 8.5%. What is the probability that the return on the index in any month will be between 0.25% and 1%? a. 52.35% b. 47.65% c. 96.50% d. 44.15% e. 3.50%
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