a)Assuming that daily Non-Fungible Token (NFT)price movements are normally distributed, with a mean return of 0.19% and a standard deviation of 1.95%, calculate the following:

i)The probability that the price movement on a single day will lower than -5%

ii)The probability that the price movement on a single day will be between -2% and +2%

iii)The level of return which will only be exceeded 5% of the time

Answer rating: 100% (QA)

Daily NFT Price Movements Assuming Normal Distribution Were given that daily NFT price movements follow a normal distribution with Mean average return ... View the full answer