Reading a report conducted on Netflix by a third party, you find the expected monthly average return
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Question:
Reading a report conducted on Netflix by a third party, you find the expected monthly average return and standard deviations are 4.3% and 8.8%, respectively. Assuming that the monthly returns are normally distributed, calculate the probabilities of the following events:
- The return will be lower than -5%.
- The return will be higher than 18%.
- What range of return would you expect to see 68% of the time?
Expert Answer:
Answer rating: 100% (QA)
The return will be lower than 5 Px 068 1 02517 07483 The ... View the full answer
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