Question: You may need to use the appropriate appendix table to answer this question. The average return for large-cap domestic stock funds over three years

You may need to use the appropriate appendix table to answer this

You may need to use the appropriate appendix table to answer this question. The average return for large-cap domestic stock funds over three years was 14.4%. Assume the three-year returns were normally distributed across funds with a standard deviation of (a) What is the probability an individual large-cap domestic stock fund had a three-year return of at least 23%? (Round your answer to four decimal places.) (b) What is the probability an individual large-cap domestic stock fund had a three-year return of 10% or less? (Round your answer to four decimal places.) (c) How big does the return have to be to put a domestic stock fund in the top 25% for the three-year period? (Round your answer to two decimal places.) %

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