in the last quarter of 2007, a group of 64 mutual funds had a mean return...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
in the last quarter of 2007, a group of 64 mutual funds had a mean return of 4.3 % with a standard deviation of 7.2%. If a normal model can be used to model them, what percent of the funds would you expect to be in each region? Use the 68-95-99.7 rule to approximate the probabilities rather than using technology to find the values more precisely. Be sure to draw a picture first. a) Returns of -2.9% or less c) Returns between - 10.1% and 18.7% b) Returns of 4.3% or less d) Returns of less than - 17.3% a) The expected percentage of returns that are -2.9% or less is (Type an integer or a decimal.) b) The expected percentage of returns that are 4.3% or less is (Type an integer or a decimal.) c) The expected percentage of returns that are between -10.1% and 18.7% is% (Type an integer or a decimal.) d) The expected percentage of returns that are-17.3% or less is% (Type an integer or a decimal.) in the last quarter of 2007, a group of 64 mutual funds had a mean return of 4.3 % with a standard deviation of 7.2%. If a normal model can be used to model them, what percent of the funds would you expect to be in each region? Use the 68-95-99.7 rule to approximate the probabilities rather than using technology to find the values more precisely. Be sure to draw a picture first. a) Returns of -2.9% or less c) Returns between - 10.1% and 18.7% b) Returns of 4.3% or less d) Returns of less than - 17.3% a) The expected percentage of returns that are -2.9% or less is (Type an integer or a decimal.) b) The expected percentage of returns that are 4.3% or less is (Type an integer or a decimal.) c) The expected percentage of returns that are between -10.1% and 18.7% is% (Type an integer or a decimal.) d) The expected percentage of returns that are-17.3% or less is% (Type an integer or a decimal.)
Expert Answer:
Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
Posted Date:
Students also viewed these accounting questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
In the first quarter of 2013, a group of domestic equity mutual funds had a mean return of 6.2% with a standard deviation of 1.8%. If a Normal model can be used to model them, what percent of the...
-
The following data represent the muzzle velocity (in feet per second) of rounds red from a 155-mm gun. For each round, two measurements of the velocity were recorded using two different measuring...
-
Job-cost records for Peter Construction contained the following data: Compute Peters (1) WIP Inventory at May 31, (2) Finished-Goods Inventory at May 31, and (3) Cost of Goods Sold for May. Dates Job...
-
Review the previous exercise before embarking on this one. Data in previous exercise A simple future elderly model. In this exercise, you will create a very simple version of the FEM designed at...
-
For each of the following sets of numbers, calculate a \(95 \%\) confidence interval for the mean ( \(\sigma\) not known); before going through the steps in calculating the confidence interval, the...
-
Maine Department Store is located near the Village Shopping Mall. At the end of the companys calendar year on December 31, 2010, the following accounts appeared in two of its trial balances....
-
2. Let's say the Ford bond above is secured by collateral, does not have a sinking fund, is callable, and does not have protective covenants. The GM bond is secured by collateral, has a sinking fund,...
-
Mullet, Shark and Starfish operate a business which conducts deep sea fishing trips. Their partnership agreement states that all profits and losses are to be shared in the ratio of 3:2:1 after...
-
To profit from the growing popularity of ocean voyages, you take a long position in a call option on the shares of White Star Line, a steamship company whose shares are currently trading for $30. The...
-
A. Assume that Majestic of the Seas has relied on the capital markets for financing in the past by issuing shares of stock. Over the past three years the dividend payments were as follows: Year...
-
The distance of the object to the mirror is 12 cm. The focal length of the mirror is 10 cm. How far is the image from the mirror? A. 22 cm B. 12 cm C. 60 cm D. 5 cm
-
When a myopic person uses glasses to better see far away objects, they are seeing virtual projections of the objects. These images are enlarged. A. True B. False
-
The distance of the object is 30 cm, the image distance is 60 cm. What is the focal length of this converging lens? A. 60 cm B. 90 cm C. 20 cm
-
A cantilevered beam of length 3 m has a point load of ( 2 * 1 0 0 ) N suspended from the free end and a second point load of ( 2 * 1 0 0 ) N suspended from the mid - point. Find the resultant force...
-
The data below represent a simple single-server queue for a registration desk of a clinic. Patients show up at the arrival times, and require service times that are given in the table below. All...
-
Is it ethical to provide safety training in English to immigrant workers who speak little English, in order to reduce costs?
-
Consider the high school SAT scores data from Exercise 31. In exercise a) Find a 90% confidence interval for the slope of the true line describing the association between Math and Verbal scores. b)...
-
Look again at the data in the electronic communications in Exercise 54. a) If we select a respondent at random, whats the probability that we choose a person earning less than $50 K and responded...
-
For the following experiment, indicate whether it was single-blind, double-blind, or not blinded at all. Explain your reasoning. Makers of a new frozen entre arranged for it to be served to randomly...
-
Determine the most appropriate strategy that can generate liquidity and accomplish Omos goals. Justify your response. Jing asks Omo about his plans for the shares of his previous employers company....
-
Discuss four important risk and tax-related considerations that are relevant to Omos portfolio. With most of Omos personal net worth tied up in his software company, he is asset rich but cash poor....
-
Recommend, for both Enlows niece and nephew, the most tax-efficient wealth transfer option (lifetime gift or testamentary bequest). Show your calculations. Recommend, for both Enlow's niece and...
Study smarter with the SolutionInn App