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The historical returns on a portfolio had an average return of 1 5 percent and a standard deviation of 1 8 percent. Assume that returns
The historical returns on a portfolio had an average return of percent and a
standard deviation of percent. Assume that returns on this portfolio follow a
bellshaped distribution.
a Approximately what percentage of returns were greater than percent?
Note: Round your answer to the nearest whole percent.
Percentage of returns
b Approximately what percentage of returns were below percent?
Note: Round your answer to decimal place.
Percentage of returns
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