This sheet contains data for the monthly returns of the Dow from March 2001 to November 1928 (Source Yahoo!/Finance/^DJI/Historic Data).

(A) Run descriptive statistics to calculate the mean and standard deviation.Choose cell E15 for the output range.For the next three questions remember to reference cells when data you need are already calculated.Do not retype the data as this could lead to rounding errors.

(B) Assuming that the data are normal, what percentage of the time should you expect to see a monthly return of less than 2% for the Dow?

(C) 75% of the time the return on the Dow is less than what amount?

(D) 60% of the time the return on the Dow is greater than what amount?

Date 9/1/2006 8/1/2006 7/3/2006 6/1/2006 5/1/2006 4/3/2006 3/1/2006 2/1/2006 1/3/2006 12/1/2005 11/1/2005 10/3/2005 9/1/2005 8/1/2005 7/1/2005 6/1/2005 5/2/2005 4/1/2005 3/1/2005 2/1/2005 1/3/2005 12/1/2004 11/1/2004 10/1/2004 9/1/2004 8/2/2004 7/1/2004 6/1/2004 5/3/2004 4/1/2004 3/1/2004 2/2/2004 1/2/2004 12/1/2003 11/3/2003 10/1/2003 9/2/2003 8/1/2003 7/1/2003 6/2/2003 5/1/2003 4/1/2003 3/3/2003 2/3/2003 1/2/2003 12/2/2002 11/1/2002 10/1/2002 9/3/2002 8/1/2002 7/1/2002 6/3/2002 5/1/2002 4/1/2002 3/1/2002 2/1/2002 1/2/2002 12/3/2001 11/1/2001 10/1/2001 9/4/2001 8/1/2001 7/2/2001 6/1/2001 5/1/2001 4/2/2001 3/1/2001 2/1/2001 1/2/2001 12/1/2000 11/1/2000 10/2/2000 9/1/2000 8/1/2000 7/3/2000 6/1/2000 5/1/2000 4/3/2000 3/1/2000 2/1/2000 1/3/2000 12/1/1999 11/1/1999 10/1/1999 9/1/1999 8/2/1999 7/1/1999 6/1/1999 5/3/1999 4/1/1999 3/1/1999 2/1/1999 1/4/1999 12/1/1998 11/2/1998 10/1/1998 9/1/1998 8/3/1998 7/1/1998 6/1/1998 5/1/1998 4/1/1998 3/2/1998 2/2/1998 1/2/1998 12/1/1997 11/3/1997 10/1/1997 9/2/1997 8/1/1997 7/1/1997 6/2/1997 5/1/1997 4/1/1997 3/3/1997 2/3/1997 1/2/1997 12/2/1996 11/1/1996 10/1/1996 9/3/1996 8/1/1996 7/1/1996 6/3/1996 5/1/1996 4/1/1996 3/1/1996 2/1/1996 1/2/1996 12/1/1995 11/1/1995 10/2/1995 9/1/1995 8/1/1995 7/3/1995 6/1/1995 5/1/1995 4/3/1995 3/1/1995 2/1/1995 1/3/1995 12/1/1994 11/1/1994 10/3/1994 9/1/1994 8/1/1994 7/1/1994 6/1/1994 5/2/1994 4/4/1994 3/1/1994 2/1/1994 1/3/1994 12/1/1993 11/1/1993 10/1/1993 9/1/1993 8/2/1993 7/1/1993 6/1/1993 5/3/1993 4/1/1993 3/1/1993 2/1/1993 1/4/1993 12/1/1992 11/2/1992 10/1/1992 9/1/1992 8/3/1992 7/1/1992 6/1/1992 5/1/1992 4/1/1992 3/2/1992 2/3/1992 1/2/1992 12/2/1991 11/1/1991 10/1/1991 9/3/1991 8/1/1991 7/1/1991 6/3/1991 5/1/1991 4/1/1991 3/1/1991 2/1/1991 1/2/1991 12/3/1990 11/1/1990 10/1/1990 9/4/1990 8/1/1990 7/2/1990 6/1/1990 5/1/1990 4/2/1990 3/1/1990 2/1/1990 1/2/1990 12/1/1989 11/1/1989 10/2/1989 9/1/1989 8/1/1989 7/3/1989 6/1/1989 5/1/1989 4/3/1989 3/1/1989 2/1/1989 1/3/1989 12/1/1988 11/1/1988 10/3/1988 9/1/1988 8/1/1988 7/1/1988 6/1/1988 5/2/1988 4/4/1988 3/1/1988 2/1/1988 1/4/1988 12/1/1987 11/2/1987 10/1/1987 9/1/1987 8/3/1987 7/1/1987 6/1/1987 5/1/1987 4/1/1987 3/2/1987 2/2/1987 1/2/1987 12/1/1986 11/3/1986 10/1/1986 9/2/1986 8/1/1986 7/1/1986 6/2/1986 5/1/1986 4/1/1986 3/3/1986 2/3/1986 1/2/1986 12/2/1985 11/1/1985 10/1/1985 9/3/1985 8/1/1985 7/1/1985 6/3/1985 5/1/1985 4/1/1985 3/1/1985 2/1/1985 1/2/1985 12/3/1984 11/1/1984 10/1/1984 9/4/1984 8/1/1984 7/2/1984 6/1/1984 5/1/1984 4/2/1984 3/1/1984 2/1/1984 1/3/1984 12/1/1983 11/1/1983 10/3/1983 9/1/1983 8/1/1983 7/1/1983 6/1/1983 5/2/1983 4/4/1983 3/1/1983 2/1/1983 1/3/1983 12/1/1982 11/1/1982 10/1/1982 9/1/1982 8/2/1982 7/1/1982 6/1/1982 5/3/1982 4/1/1982 3/1/1982 2/1/1982 1/4/1982 12/1/1981 11/2/1981 10/1/1981 9/1/1981 8/3/1981 7/1/1981 6/1/1981 5/1/1981 4/1/1981 3/2/1981 2/2/1981 1/2/1981 12/1/1980 11/3/1980 10/1/1980 9/2/1980 8/1/1980 7/1/1980 6/2/1980 5/1/1980 4/1/1980 3/3/1980 2/1/1980 1/2/1980 12/3/1979 11/1/1979 10/1/1979 9/4/1979 8/1/1979 7/2/1979 6/1/1979 5/1/1979 4/2/1979 3/1/1979 2/1/1979 1/2/1979 12/1/1978 11/1/1978 10/2/1978 9/1/1978 8/1/1978 7/3/1978 6/1/1978 5/1/1978 4/3/1978 3/1/1978 2/1/1978 1/3/1978 12/1/1977 11/1/1977 10/3/1977 9/1/1977 8/1/1977 7/1/1977 6/1/1977 5/2/1977 4/1/1977 3/1/1977 2/1/1977 1/3/1977 12/1/1976 11/1/1976 10/1/1976 9/1/1976 8/2/1976 7/1/1976 6/1/1976 5/3/1976 4/1/1976 3/1/1976 2/2/1976 1/2/1976 12/1/1975 11/3/1975 10/1/1975 9/2/1975 8/1/1975 7/1/1975 6/2/1975 5/1/1975 4/1/1975 3/3/1975 2/3/1975 1/2/1975 12/2/1974 11/1/1974 10/1/1974 9/3/1974 8/1/1974 7/1/1974 6/3/1974 5/1/1974 4/1/1974 3/1/1974 2/1/1974 1/2/1974 12/3/1973 11/1/1973 10/1/1973 9/4/1973 8/1/1973 7/2/1973 6/1/1973 5/1/1973 4/2/1973 3/1/1973 2/1/1973 1/2/1973 12/1/1972 11/1/1972 10/2/1972 9/1/1972 8/1/1972 7/3/1972 6/1/1972 5/1/1972 4/3/1972 3/1/1972 2/1/1972 1/3/1972 12/1/1971 11/1/1971 10/1/1971 9/1/1971 8/2/1971 7/1/1971 6/1/1971 5/3/1971 4/1/1971 3/1/1971 2/1/1971 1/4/1971 12/1/1970 11/2/1970 10/1/1970 9/1/1970 8/3/1970 7/1/1970 6/1/1970 5/1/1970 4/1/1970 3/2/1970 2/2/1970 1/2/1970 12/1/1969 11/3/1969 10/1/1969 9/2/1969 8/1/1969 7/1/1969 6/2/1969 5/1/1969 4/1/1969 3/3/1969 2/3/1969 1/2/1969 12/2/1968 11/1/1968 10/1/1968 9/3/1968 8/1/1968 7/1/1968 6/3/1968 5/1/1968 4/1/1968 3/1/1968 2/1/1968 1/2/1968 12/1/1967 11/1/1967 10/2/1967 9/1/1967 8/1/1967 7/3/1967 6/1/1967 5/1/1967 4/3/1967 3/1/1967 2/1/1967 1/3/1967 12/1/1966 11/1/1966 10/3/1966 9/1/1966 8/1/1966 7/1/1966 6/1/1966 5/2/1966 4/1/1966 3/1/1966 2/1/1966 1/3/1966 12/1/1965 11/1/1965 10/1/1965 9/1/1965 8/2/1965 7/1/1965 6/1/1965 5/3/1965 4/1/1965 3/1/1965 2/1/1965 1/4/1965 12/1/1964 11/2/1964 10/1/1964 9/1/1964 8/3/1964 7/1/1964 6/1/1964 5/1/1964 4/1/1964 3/2/1964 2/3/1964 1/2/1964 12/2/1963 11/1/1963 10/1/1963 9/3/1963 8/1/1963 7/1/1963 6/3/1963 5/1/1963 4/1/1963 3/1/1963 2/1/1963 1/2/1963 12/3/1962 11/1/1962 10/1/1962 9/4/1962 8/1/1962 7/2/1962 6/1/1962 5/1/1962 4/2/1962 3/1/1962 2/1/1962 1/2/1962 12/1/1961 11/1/1961 10/2/1961 9/1/1961 8/1/1961 7/3/1961 6/1/1961 5/1/1961 4/3/1961 3/1/1961 2/1/1961 1/3/1961 12/1/1960 11/1/1960 10/3/1960 9/1/1960 8/1/1960 7/1/1960 6/1/1960 5/2/1960 4/1/1960 3/1/1960 2/1/1960 1/4/1960 12/1/1959 11/2/1959 10/1/1959 9/1/1959 8/3/1959 7/1/1959 6/1/1959 5/1/1959 4/1/1959 3/2/1959 2/2/1959 1/2/1959 12/1/1958 11/3/1958 10/1/1958 9/2/1958 8/1/1958 7/1/1958 6/2/1958 5/1/1958 4/1/1958 3/3/1958 2/3/1958 1/2/1958 12/2/1957 11/1/1957 10/1/1957 9/3/1957 8/1/1957 7/1/1957 6/3/1957 5/1/1957 4/1/1957 3/1/1957 2/1/1957 1/2/1957 12/3/1956 11/1/1956 10/1/1956 9/4/1956 8/1/1956 7/2/1956 6/1/1956 5/1/1956 4/2/1956 3/1/1956 2/1/1956 1/3/1956 12/1/1955 11/1/1955 10/3/1955 9/1/1955 8/1/1955 7/1/1955 6/1/1955 5/2/1955 4/1/1955 3/1/1955 2/1/1955 1/3/1955 12/1/1954 11/1/1954 10/1/1954 9/1/1954 8/2/1954 7/1/1954 6/1/1954 5/3/1954 4/1/1954 3/1/1954 2/1/1954 1/4/1954 12/1/1953 11/2/1953 10/1/1953 9/1/1953 8/3/1953 7/1/1953 6/1/1953 5/1/1953 4/1/1953 3/2/1953 2/2/1953 1/2/1953 12/1/1952 11/3/1952 10/1/1952 9/2/1952 8/1/1952 7/1/1952 6/2/1952 5/1/1952 4/1/1952 3/3/1952 2/1/1952 1/2/1952 12/3/1951 11/1/1951 10/1/1951 9/4/1951 8/1/1951 7/2/1951 6/1/1951 5/1/1951 4/2/1951 3/1/1951 2/1/1951 1/2/1951 12/1/1950 11/1/1950 10/2/1950 9/1/1950 8/1/1950 7/3/1950 6/1/1950 5/1/1950 4/3/1950 3/1/1950 2/1/1950 1/3/1950 12/1/1949 11/1/1949 10/3/1949 9/1/1949 8/1/1949 7/1/1949 6/1/1949 5/2/1949 4/1/1949 3/1/1949 2/1/1949 1/3/1949 12/1/1948 11/1/1948 10/1/1948 9/1/1948 8/2/1948 7/1/1948 6/1/1948 5/3/1948 4/1/1948 3/1/1948 2/2/1948 1/2/1948 12/1/1947 11/3/1947 10/1/1947 9/2/1947 8/1/1947 7/1/1947 6/2/1947 5/1/1947 4/1/1947 3/3/1947 2/3/1947 1/2/1947 12/2/1946 11/1/1946 10/1/1946 9/3/1946 8/1/1946 7/1/1946 6/3/1946 5/1/1946 4/1/1946 3/1/1946 2/1/1946 1/2/1946 12/3/1945 11/1/1945 10/1/1945 9/4/1945 8/1/1945 7/2/1945 6/1/1945 5/1/1945 4/2/1945 3/1/1945 2/1/1945 1/2/1945 12/1/1944 11/1/1944 10/2/1944 9/1/1944 8/1/1944 7/3/1944 6/1/1944 5/1/1944 4/3/1944 3/1/1944 2/1/1944 1/3/1944 12/1/1943 11/1/1943 10/1/1943 9/1/1943 8/2/1943 7/1/1943 6/1/1943 5/3/1943 4/1/1943 3/1/1943 2/1/1943 1/4/1943 12/1/1942 11/2/1942 10/1/1942 9/1/1942 8/3/1942 7/1/1942 6/1/1942 5/1/1942 4/1/1942 3/2/1942 2/2/1942 1/2/1942 12/1/1941 11/3/1941 10/1/1941 9/2/1941 8/1/1941 7/1/1941 6/2/1941 5/1/1941 4/1/1941 3/3/1941 2/3/1941 1/2/1941 12/2/1940 11/1/1940 10/1/1940 9/3/1940 8/1/1940 7/1/1940 6/3/1940 5/1/1940 4/1/1940 3/1/1940 2/1/1940 1/2/1940 12/1/1939 11/1/1939 10/2/1939 9/1/1939 8/1/1939 7/3/1939 6/1/1939 5/1/1939 4/3/1939 3/1/1939 2/1/1939 1/3/1939 12/1/1938 11/1/1938 10/3/1938 9/1/1938 8/1/1938 7/1/1938 6/1/1938 5/2/1938 4/1/1938 3/1/1938 2/1/1938 1/3/1938 12/1/1937 11/1/1937 10/1/1937 9/1/1937 8/2/1937 7/1/1937 6/1/1937 5/3/1937 4/1/1937 3/1/1937 2/1/1937 1/4/1937 12/1/1936 11/2/1936 10/1/1936 9/1/1936 8/3/1936 7/1/1936 6/1/1936 5/1/1936 4/1/1936 3/2/1936 2/3/1936 1/2/1936 12/2/1935 11/1/1935 10/1/1935 9/3/1935 8/1/1935 7/1/1935 6/3/1935 5/1/1935 4/1/1935 3/1/1935 2/1/1935 1/2/1935 12/3/1934 11/1/1934 10/1/1934 9/4/1934 8/1/1934 7/2/1934 6/1/1934 5/1/1934 4/2/1934 3/1/1934 2/1/1934 1/2/1934 12/1/1933 11/1/1933 10/2/1933 9/1/1933 8/1/1933 7/3/1933 6/1/1933 5/1/1933 4/3/1933 3/1/1933 2/1/1933 1/3/1933 12/1/1932 11/1/1932 10/3/1932 9/1/1932 8/1/1932 7/1/1932 6/1/1932 5/2/1932 4/1/1932 3/1/1932 2/1/1932 1/4/1932 12/1/1931 11/2/1931 10/1/1931 9/1/1931 8/3/1931 7/1/1931 6/1/1931 5/1/1931 4/1/1931 3/2/1931 2/2/1931 1/2/1931 12/1/1930 11/3/1930 10/1/1930 9/2/1930 8/1/1930 7/1/1930 6/2/1930 5/1/1930 4/1/1930 3/3/1930 2/3/1930 1/2/1930 12/2/2029 11/4/2029 10/1/2029 9/3/2029 8/1/2029 7/1/2029 6/3/2029 5/1/2029 4/1/2029 3/1/2029 2/1/2029 1/2/2029 12/3/2028 11/1/2028

Returns 1.40% 1.75% 0.32% -0.16% -1.75% 2.32% 1.05% 1.18% 1.37% -0.82% 3.50% -1.22% 0.83% -1.50% 3.56% -1.84% 2.70% -2.96% -2.44% 2.63% -2.72% 3.40% 3.99% -0.52% -0.92% 0.34% -2.83% 2.42% -0.36% -1.28% -2.14% 0.91% 0.33% 6.86% -0.19% 5.67% -1.49% 1.97% 2.76% 1.53% 4.37% 6.11% 1.28% -2.02% -3.45% -6.23% 5.94% 10.60% -12.37% -0.84% -5.48% -6.87% -0.21% -4.40% 2.95% 1.88% -1.01% 1.73% 8.56% 2.57% -11.08% -5.45% 0.19% -3.75% 1.65% 8.67% -5.87% -3.60% 0.92% 3.59% -5.07% 3.01% -5.03% 6.59% 0.71% -0.71% -1.97% -1.72% 7.84% -7.42% -4.84% 5.69% 1.38% 3.80% -4.55% 1.63% -2.88% 3.89% -2.13% 10.25% 5.15% -0.56% 1.93% 0.71% 6.10% 9.56% 4.03% -15.13% -0.77% 0.59% -1.80% 3.00% 2.97% 8.08% -0.02% 1.09% 5.12% -6.33% 4.24% -7.30% 7.17% 4.66% 4.59% 6.46% -4.28% 0.95% 5.66% -1.13% 8.17% 2.50% 4.74% 1.58% -2.22% 0.20% 1.33% -0.32% 1.85% 1.67% 5.44% 0.84% 6.71% -0.70% 3.87% -2.08% 3.34% 2.04% 3.33% 3.93% 3.66% 4.35% 0.25% 2.55% -4.32% 1.69% -1.79% 3.96% 3.85% -3.55% 2.08% 1.26% -5.12% -3.68% 5.97% 1.90% 0.09% 3.53% -2.63% 3.16% 0.67% -0.32% 2.91% -0.22% 1.91% 1.84% 0.27% -0.12% 2.44% -1.39% 0.44% -4.02% 2.27% -2.31% 1.12% 3.82% -0.99% 1.37% 1.72% 9.47% -5.68% 1.73% -0.88% 0.62% 4.06% -3.99% 4.84% -0.89% 1.10% 5.33% 3.90% 2.89% 4.80% -0.41% -6.19% -10.01% 0.85% 0.14% 8.28% -1.86% 3.04% 1.42% -5.91% 1.73% 2.31% -1.77% -1.62% 2.88% 9.04% -1.62% 2.54% 5.46% 1.56% -3.58% 8.01% 2.56% -1.59% 1.69% 4.00% -4.56% -0.61% 5.44% -0.06% 2.23% -4.03% 5.79% 1.00% 5.74% -8.02% -23.22% -2.50% 3.53% 6.35% 5.54% 0.23% -0.80% 3.63% 3.06% 13.82% -0.95% 1.94% 6.23% -6.89% 6.93% -6.20% 0.85% 5.20% -1.90% 6.41% 8.79% 1.57% 5.06% 7.12% 3.44% -0.40% -1.00% 0.90% 1.52% 4.56% -0.69% -1.34% -0.21% 6.21% 1.90% -1.53% 0.06% -1.44% 9.78% -1.51% 2.49% -5.63% 0.50% 0.89% -5.40% -3.02% -1.36% 4.15% -0.64% 1.40% 1.41% -1.86% 1.83% -2.14% 8.51% 1.61% 3.39% 2.79% 0.70% 4.80% 10.65% -0.56% 11.47% -0.41% -0.93% -3.40% 3.11% -0.20% -5.36% -0.45% -1.57% 4.27% 0.30% -3.57% -7.44% -2.51% -1.50% -0.60% -0.61% 3.01% 2.88% -1.73% -2.95% 7.45% -0.85% -0.02% -0.29% 7.77% 2.01% 4.14% 3.98% -8.97% -1.45% 4.42% 1.99% 0.82% -7.16% -1.02% 4.87% 0.53% 2.39% -3.81% -0.84% 6.60% -3.62% 4.25% 0.75% 0.83% -8.47% -1.25% 1.69% 5.29% -2.58% 0.39% 10.56% 2.05% -3.61% -7.37% 0.18% 1.39% -3.40% -1.67% -3.21% -2.86% 1.96% -3.05% 0.85% -1.85% -1.88% -5.00% 6.06% -1.84% -2.55% 1.69% -1.11% -1.81% 2.82% -2.17% -0.26% 2.76% -0.27% 14.41% -0.96% 2.95% 5.31% -4.96% 0.46% -5.40% 5.61% 1.33% 6.92% 3.94% 5.02% 14.19% -0.39% -7.04% 9.48% -10.42% -10.41% -5.61% 0.03% -4.13% -1.17% -1.61% 0.58% 0.55% 3.48% -14.04% 1.00% 6.71% -4.19% 3.89% -1.08% -2.17% -3.11% -0.43% -4.40% -2.06% 0.18% 6.56% 0.24% -1.09% 4.22% -0.46% -3.30% 0.69% 1.43% 1.35% 2.88% 1.34% 7.08% -0.91% -5.43% -1.21% 4.62% -3.67% -1.84% -3.60% 4.13% 2.91% 1.19% 3.53% 5.65% 5.09% -0.67% -0.51% 4.15% 7.40% -2.41% -4.84% -6.30% 1.03% 4.51% -7.03% -1.47% -5.10% 5.28% -2.82% 2.61% -6.61% -6.87% -1.33% 1.57% 3.34% -4.32% 0.24% -4.20% 3.43% 1.77% 4.44% 1.47% -1.65% -0.13% -1.45% 8.51% 0.02% -1.75% -5.48% 3.35% -0.45% -5.06% 2.81% -0.33% 5.11% 0.90% -4.96% 3.59% 3.17% -1.24% 8.17% -0.75% -1.92% 4.24% -1.80% -6.96% -2.61% -1.58% -5.31% 0.96% -2.85% -3.22% 1.47% 2.38% -1.47% 3.25% 4.20% 1.29% 1.58% -5.45% -0.46% 3.74% -1.60% 0.07% 3.29% -0.15% 0.27% -0.26% 4.40% -0.31% 1.15% 1.33% 1.21% -0.31% 1.64% 1.88% 2.93% 1.66% -0.62% 3.06% 0.48% 4.87% -1.62% -2.76% 1.29% 5.15% 2.95% -2.92% 4.72% 0.43% 10.09% 1.86% -4.96% 1.88% 6.53% -8.49% -7.81% -5.89% -0.16% 1.15% -4.26% 1.32% 2.51% 0.39% -2.60% 2.07% 3.13% -1.83% 2.65% 0.31% 2.20% 2.14% 5.25% 3.13% 2.91% 0.04% -7.32% 1.50% -3.73% 2.42% 3.96% -2.41% -2.15% 1.20% -8.35% 3.06% 1.95% 2.36% -4.93% -1.55% 4.86% -0.03% 3.21% 3.66% -0.30% 1.61% 1.77% 4.70% 2.62% 2.09% 4.61% 1.12% 5.19% 3.35% 1.50% 2.04% 1.55% -2.24% 3.29% -3.15% 2.00% -3.34% -5.79% -4.75% 1.04% -0.32% 2.14% 4.12% 2.19% -3.03% -4.07% 5.65% -1.47% 0.97% -5.34% -3.05% 5.08% 3.08% -7.38% 0.85% 5.82% 2.74% -3.62% 1.06% 6.24% -2.52% -0.33% 0.50% 3.21% 6.24% -0.19% 3.89% 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-20.36% -9.70% 9.38% 4.84% 11.51% -6.85% 3.38% -2.70% -0.03% 5.84% 2.26% 16.35%