Question: Please help me answer the following question this is a business analytics course 2298 thanks The historical returns on a balanced portfolio have had an

 Please help me answer the following question this is a business

Please help me answer the following question

this is a business analytics course 2298

thanks

The historical returns on a balanced portfolio have had an average return of 7% and a standard deviation of 17%. Assume that returns on this portfolio follow a normal distribution. (You may find it useful to reference the z table.) a. What percentage of returns were greater than 41%? (Round your final answer to 2 decimal places.) Percentage of returns % b. What percentage of returns were below -44%? (Round your final answer to 2 decimal places.) Percentage of returns %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!