Question: Please solve this question ( I don't need a lot of explanation I just need the final answer ) Your friend is considering two alternative

Please solve this question ( I don't need a lot of explanation I just need the final answer )

Your friend is considering two alternative investments, INV1 and INV2. He is uncertain about the percentage returns, but believes that you as a student of analytics in COMM 215, will have no issue in modeling the uncertainty using the normal probability distribution. The means and standard deviations for the returns of INV1 and INV2 are given as: INV1: X, = 12.4, S1 = 3.2; INV2: X2 = 13.0, S2 = 6.0. Your friend wants to make the investment that is more likely to produce a return at least 11%. What is the probability of the investment of a better choice

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