Item$6$

$10$

points

eBookPrintReferencesCheck my workCheck My Work button is now enabledItem $6$

An investment has an expected return of $12$ percent per year with a standard deviation of $6$ percent. Assuming that the returns on this investment are at least roughly normally distributed, what percentage of the time do you expect to lose money?

Note: Enter your answer as a percent rounded to $2$ decimal places.