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The quarterly returns for a group of 80 mutual funds with a mean of 3.7 % and a standard deviation of 5.1 % can be
The quarterly returns for a group of 80 mutual funds with a mean of 3.7 % and a standard deviation of 5.1 % can be modeled by a Normal model. Using the model N(3.7, 5.1), find the cut-off values for the following situations.What is percentage of returns that are higher than 5%? (answer as a percentage to one decimal place]
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