Statistics

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An investment strategy has an expected return of 15 percent and a standard deviation of 12 percent. Assume investment returns are bell shaped.


 

a.

How likely is it to earn a return between 3 percent and 27 percent? (Enter your response as decimal values (not percentages) rounded to 2 decimal places.)


 

  Probability[removed]  


 

b.

How likely is it to earn a return greater than 27 percent?(Enter your response as decimal values (not percentages) rounded to 2 decimal places.)


 

  Probability[removed]  


 

c.

How likely is it to earn a return below −9 percent?(Enter your response as decimal values (not percentages) rounded to 2 decimal places.)


 

  Probability[removed]  

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