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

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 4.4%.
What is the probability an individual large-cap domestic stock fund had a three-year return of at least 19%?(Round your answer to four decimal places.)
How big does the return have to be to put a domestic stock fund in the top 10% for the three-year period? (Round your answer to two decimal places.)

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