The historical returns on a balanced portfolio have had an average return of 7% and a standard deviation of 17%. Assume that returns on this portfolio follow a normal distribution. (You may find it useful to reference the z table.) a. What percentage of returns were greater than 41%? (Round your final answer to 2 decimal places.) Percentage of returns= b. What percentage of returns were below −44%? (Round your final answer to 2 decimal places.) Percentage of returns
The historical returns on a balanced portfolio have had an average return of 7% and a standard deviation of 17%. Assume that returns on this portfolio follow a normal distribution. (You may find it useful to reference the z table.) a. What percentage of returns were greater than 41%? (Round your final answer to 2 decimal places.) Percentage of returns= b. What percentage of returns were below −44%? (Round your final answer to 2 decimal places.) Percentage of returns
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The historical returns on a balanced portfolio have had an average return of 7% and a standard deviation of 17%. Assume that returns on this portfolio follow a
a. What percentage of returns were greater than 41%? (Round your final answer to 2 decimal places.)
Percentage of returns=
b. What percentage of returns were below −44%? (Round your final answer to 2 decimal places.)
Percentage of returns=
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