Question: 3. Assume that each year's return for each student varies independently from year to year and from each other but each according to a normal

3. Assume that each year's return for each student varies independently from year to year and from each other but each according to a normal distribution with mean 8% and standard deviation of 49%. Simulate this 1000 times using Monte Carlo and 123 as the initial random number seed. From the 1000 trial simulation, what is the average amount each will have at the end of their 60" year? What is the probability that the engineering student ends up with a greater amount than the finance student? Are you confident that the true probability is not 50%

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