Question: Suppose a stock has a 1% mean return and a 19% standard deviation, and the returns are normally distributed. Approximately 2.5% of the returns should
Suppose a stock has a 1% mean return and a 19% standard deviation, and the returns are normally distributed. Approximately 2.5% of the returns should be below __________%. (Enter your answer as a whole number -- no decimals, no % sign, e.g. -20% = -20).
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
