Question: 1) The annual return on a stock is normally distributed with a mean of 8.5% and a standard deviation of 11%. a) With 95.44 %
1) The annual return on a stock is normally distributed with a mean of 8.5% and a standard deviation of 11%.
a) With 95.44 % confidence we can expect the return in any given year to be between what values?
b) What values would we expect the returns to be between 99.74% of the time?
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