The average return for large-cap domestic stock funds over the three years 2009 - 2011 was 14.4%
Question:
a. What is the probability an individual large-cap domestic stock fund had a three-year return of at least 20%?
b. What is the probability an individual large-cap domestic stock fund had a three-year return of 10% or less?
c. How big does the return have to be to put a domestic stock fund in the top 10% for the three-year period?
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Related Book For
Statistics For Business & Economics
ISBN: 9781285846323
12th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran
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