Question: Question 1 12 pts The average annual return and standard deviation of return are respectively, 6.00% and 3.00%. Assuming annual returns have a normal distribution

 Question 1 12 pts The average annual return and standard deviation

Question 1 12 pts The average annual return and standard deviation of return are respectively, 6.00% and 3.00%. Assuming annual returns have a normal distribution calculate: a. The probability a 1-year return would be greater than 0.00% and less than 9.00%? b. There is a 16.00% chance your return will be less than what percent? 15 pts

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