A stock had annual returns of 3.6 percent, -8.7 percent, 5.6 percent and 12.5 percent over the past 4 years. Which one of the following best describes the probability that this stock will produce a return of 22 percent or more in a single year? a. less than 5 percent but greater than 2.5 percent b. less than 1.0 percent but greater than 0.5 percent c. less than 2.5 percent but greater than .5 percent d. less than 0.1 percent e. less than 0.5 percent but greater than 0.1 percent

A stock had annual returns of 3.6 percent, -8.7 percent, 5.6 percent and 12.5 percent over the past 4 years. Which one of the following best describes the probability that this stock will produce a return of 22 percent or more in a single year? a. less than 5 percent but greater than 2.5 percent b. less than 1.0 percent but greater than 0.5 percent c. less than 2.5 percent but greater than .5 percent d. less than 0.1 percent e. less than 0.5 percent but greater than 0.1 percent

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter10: Introduction To Simulation Modeling

Section: Chapter Questions

Problem 46P

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