35.00 points P12-23 Using Probability Distributions [LO3] Suppose the returns on large-company stocks are normally distributed. The average annual return for large- company stocks from 1926 to 2007 was 13.4 percent and the standard deviation of those stocks for that period was 23.5 percent. Based on the historical record, use the cumulative normal probability table (rounded to the nearest table value) in the appendix of the text to determine the probablity that in any given year you will lose money by investing in common stock TABLE A.11 Cumulative Areas under the Standard Normal Curve 2 00 1 2 5 06 08 09 0005 0005 0000004000400040004 0004 000 0000 0009 009 0008 0008 0008 0008 0007 007 -33 0005 -32 0007 0007 0006 0006 006 0006 00060005 0005 000 -31 1o -0013 -2 00190018 001800170016 0016 0015 0015 0014 0014 ?2.81.0026 .0025 .0024 .0023 .0023 22 .0021 .0021 .0020 .0019 -2.71 os .0034 .0033 .0032 .0031 0000 .0029 .0028 .0027 .0026 0013 0013 00120012 0011 0011011 0010 0010 0080 0078 0075 0073 0071 0069 0068 0066 0064 0104 0102 99 0096 0094 001 0089 0087 0084 -22 01390136 0132 0129 0125 0122 0119 0116 0113 0110 -21 0179 0174010 0166062 8 0154 050 0146 0143 0222 0217 0212020702020197 0192 0168 0183 -1.910287 0281 0274 .0268 a262 0256 0250 ,0244 ??39 0233 -1a 0359035103440334 032903220314 03070301 0294 0436 04270418 0409 001 302 34 0375 O967 0637 016 0516 0506 0495 0485 0475 0165 .0455 -1.5 066806550643063 0618 06060584OSR0571 0559 -24 0082 -23 0107 -2.0 .0228 -13 46 40 F7 F1 F2 F3 F4 F5 F6 7 6