1.You determined that the returns from Reliable Transportation (RT) are normally distributed with a mean of 12%...
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Question:
1.You determined that the returns from Reliable Transportation (RT) are normally distributed with a mean of 12% and standard deviation of 10%. In addition, you are confident that past returns are good indicators of future returns. If you buy shares in RT.
a)What is the probability that your return will be negative?
Related Book For
Essentials Of Business Statistics
ISBN: 9780078020537
5th Edition
Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or
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