Question: According to the Normal model N(0.062, 0.018) describing mutual fund returns in the 1st quarter of 2013 in Exercise 23, what percent of this group
According to the Normal model N(0.062, 0.018) describing mutual fund returns in the 1st quarter of 2013 in Exercise 23, what percent of this group of funds would you expect to have return
a) Over 6.8%?
b) Between 0% and 7.6%?
c) More than 1 %?
d) Less than 0%?
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