Question: A financial analyst creates the following probability distribution for the performance of an equity income mutual fund. a. Comment on the optimism or pessimism depicted

A financial analyst creates the following probability for the performance of an equity income mutual fund.

a. Comment on the optimism or pessimism depicted in the analyst€™s estimates.
b. Convert the above probability distribution to a cumulative probability distribution.
c. What is the probability that this mutual fund will do at least good?

Performance Very poor Poor Neutral Good Very good Numerical Score Probability 0.14 0.43 0.22 0.16 0.05

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