The average annual return of the traders operating in the NYSE market is 5%, and the...
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The average annual return of the traders operating in the NYSE market is 5%, and the standard deviation is 3%. a) What is the probability of finding a trader that gets 7% of retum on your investments? b) What is the probability of finding a trader getting a return of 10%? c) What percentage of people are going to get returns below the average 5%7 d) What percentage of people will get a return between 3 and 7 percent? The average annual return of the traders operating in the NYSE market is 5%, and the standard deviation is 3%. a) What is the probability of finding a trader that gets 7% of retum on your investments? b) What is the probability of finding a trader getting a return of 10%? c) What percentage of people are going to get returns below the average 5%7 d) What percentage of people will get a return between 3 and 7 percent?
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NYSE Trader Return Probabilities Assuming the annual returns of NYSE traders follow a normal distrib... View the full answer
Related Book For
Understanding Business Statistics
ISBN: 9781118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Posted Date:
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