The distribution of the average annual return of the S&P 500 over a 50-year time period follows
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The distribution of the average annual return of the S&P 500 over a 50-year time period follows a normal distribution with a mean rate of return of 10.5% and a standard deviation of 14.3%. What is the probability that an average annual return will fall between -3.8% and 24.8%?
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Px 0185 06887 x 00511 where x 105 38 67 ...View the full answer
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