Question: The return expected from Project No. 542 is 22 percent. The standard deviation of these returns is 11 percent. If returns from the project are
The return expected from Project No. 542 is 22 percent. The standard deviation of these returns is 11 percent. If returns from the project are normally distributed, what is the chance that the project will result in a rate of return above 33 percent? What is the probability that the project will result in losses (negative rates of return)?
Step by Step Solution
3.42 Rating (168 Votes )
There are 3 Steps involved in it
z 33 2211 10 From Table V the probability of ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
138-B-C-F-C-V (228).docx
120 KBs Word File
