Short-term rates fluctuate daily. It may be assumed that the yield for 90-day Treasury bills in early

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Short-term rates fluctuate daily. It may be assumed that the yield for 90-day Treasury bills in early 2007 was approximately normally distributed with mean 4.92% and standard deviation 0.3%. Find a value such that 95% of the time during that period the yield of 90-day T-bills was below this value.

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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