Bavarian Sausage stock has an average historical return of 16.3% and a standard deviation of 5.3%. What
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Question:
Bavarian Sausage stock has an average historical return of 16.3% and a standard deviation of 5.3%. What is the probability that the return on Bavarian Sausage will be less than 11%?
a. 84%
b. 50%
c. 16%
d. 32%
whats the process of calculating the answer?
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