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Suppose the returns on large-company stocks are normally distributed (Figure 12.10). Use the NORMDIST function in Excel to determine the probability that in any given
Suppose the returns on large-company stocks are normally distributed (Figure 12.10). Use the NORMDIST function in Excel to determine the probability that in any given year you will lose money by investing in large-company stocks. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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