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The z value corresponding to a 0 80 cumulative probability was found to be 0 84 Thus the necessary return x will be 0 84
The z value corresponding to a 0 80 cumulative probability was found to be 0 84 Thus the necessary return x will be 0 84 standard deviations above the mean return Recall the formula t convert a given value x to the standard normal random z Z x x 0 Here we have the values of z and o but need to find x Solve the equation for x
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