return must his fund have?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Suppose the returns of a particular group of mutual funds are normally distributed with a mean of 9.9% and a standard deviation of 3.7%. If the manager of a particular fund wants his fund to be in the top 10% of funds with the highest return, what return must his fund have?

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