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The standard deviation of returns on Japanese stocks is 16.81%. The average return is 12.73%. Assume that the frequency distribution of returns is essentially normal.
The standard deviation of returns on Japanese stocks is 16.81%. The average return is 12.73%. Assume that the frequency distribution of returns is essentially normal. Then the lower limit of 95%
confidence interval of returns on Japanese stocks is
A. 0%
B. 4.08%
C. -20.89%
D. 37.70%
E. -6.05%
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