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The historical returns on a portfolio had an average return of 1 1 percent and a standard deviation of 1 8 percent. Assume that returns

The historical returns on a portfolio had an average return of 11 percent and a standard deviation of 18 percent. Assume that returns on
this portfolio follow a bell-shaped distribution.
a. Approximately what percentage of returns were greater than 29 percent?
Note: Round your answer to the nearest whole percent.
Percentage of returns
b. Approximately what percentage of returns were below -25 percent?
Note: Round your answer to 1 decimal place.
Percentage of returns
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