Assume the mean and standard deviation of sample returns are 8% and 10% respectively. Assuming that the returns are normally distributed, what is the probability of an actual return above 28%? O A. 50% O B. 68% OC. 2.5% O D. 16%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 23PFA
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Assume the mean and standard deviation of sample returns are 8% and 10% respectively. Assuming that the returns are normally distributed, what is the probability
of an actual return above 28%?
O A. 50%
O B. 68%
O C. 2.5%
O D. 16%
Transcribed Image Text:Assume the mean and standard deviation of sample returns are 8% and 10% respectively. Assuming that the returns are normally distributed, what is the probability of an actual return above 28%? O A. 50% O B. 68% O C. 2.5% O D. 16%
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