Question: For mutual funds with Normally distributed returns with a mean of 6.2% and a standard deviation of 1.8%, what are the cutoff values for the

For mutual funds with Normally distributed returns with a mean of 6.2% and a standard deviation of 1.8%, what are the cutoff values for the

a) Highest 10% of these funds?

b) Lowest 20%?

c) Middle 40%?

d) Highest 80%?

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