The annual rate of return on a mutual fund is normally distributed with a mean of 14%

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The annual rate of return on a mutual fund is normally distributed with a mean of 14% and a standard deviation of 18%.

a. What is the probability that the fund returns more than 25% next year?

b. What is the probability that the fund loses money next year?

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Statistics For Management And Economics Abbreviated

ISBN: 9781285869643

10th Edition

Authors: Gerald Keller

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Question Posted: Feb 03, 2015 08:38 AM

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The annual rate of return on a mutual fund is normally distributed with a mean of 14%

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Statistics For Management And Economics Abbreviated

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