An investment strategy has an expected return of 8 percent
An investment strategy has an expected return of 8 percent and a standard deviation of 6 percent. Assume investment returns are bell shaped.
a. How likely is it to earn a return between 2 percent and 14 percent?
b. How likely is it to earn a return greater than 14 percent?
c. How likely is it to earn a return below –4 percent?

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