Question: The return expected from Project No. 542 is 29 percent. The standard deviation of these returns is 12 percent, Use the Table V to answer
The return expected from Project No. 542 is 29 percent. The standard deviation of these returns is 12 percent, Use the Table V to answer the following questions. If returns from the project are normally distributed, what is the chance that the project will result in a rate of return above 37 percent? Round your answer to two decimal places. What is the probability that the project will result in losses (negative rates of return)? Round your answer to two decimal places. % The return expected from Project No. 542 is 29 percent. The standard deviation of these returns is 12 percent, Use the Table V to answer the following questions. If returns from the project are normally distributed, what is the chance that the project will result in a rate of return above 37 percent? Round your answer to two decimal places. What is the probability that the project will result in losses (negative rates of return)? Round your answer to two decimal places. %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
