Suppose the average rate of return of an investment was 12% and its standard deviation was 20%.

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Suppose the average rate of return of an investment was 12% and its standard deviation was 20%. What should be the range within which we are 95% confident about the investment's next period’s return?

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Jun 19, 2023 08:12 AM

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Suppose the average rate of return of an investment was 12% and its standard deviation was 20%.

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To calculate the range within which we can be 95 confident about the inv... View the full answer

Advanced Accounting

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