The returns follow a normal distribution. The variance is 0.0049. The average return is 12%. What is
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Question:
The returns follow a normal distribution.
The variance is 0.0049.
The average return is 12%.
What is the range of returns 99% of the time?
A.[-9%, 33%]
B.[-8%, 35%]
C.[-4%, 29%]
D.[-6%, 28%]
Expert Answer:
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