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When investing in a mutual fund, the financial adviser tells you that the confidence interval for the return on that investment after 10 years is
When investing in a mutual fund, the financial adviser tells you that the confidence interval for the return on that investment after 10 years is 70% - 120%, where is 5%.
Which of the following statements is a correct interpretation of this information?
A) Your return will probably be over 120%.
B) Your return will probably be less than 70%.
C) There's a 95% chance that the return will be between 70% and 120%.
D) There's a 5% chance that the return will be between 70% and 120%.
E) You're likely to end up losing money.
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