Suppose the returns on a particular asset are normally distributed. The asset had an average return of $12\mathrm{.}2$ percent and a standard

deviation of $27\mathrm{.}8$ percent. Use the NORMDIST function in Excel ${?}^{}$ to determine the probability that in any given year you will lose

money by investing in this asset.

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Probability