Suppose the returns on a particular asset are normally distributed. Also suppose the asset had an average return of 11.9% and a standard deviation of 25.8%. What is the probability? How do you insert this in excel

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Suppose the returns on a particular asset are normally distributed. Also suppose the asset had an average return of 11.9% and a standard deviation of 25.8%. What is the probability? How do you insert this in excel

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