A stock had annual returns of 5.3 percent, −2.7 percent, 16.2 percent, and 13.6 percent over the past four years. Which one of the following best describes the probability that this stock will produce a return of 20 percent or more in a single year? Less than .5 percent Less than 1 percent but more than .5 percent Less than 2.5 percent but more than .5 percent Less than 16 percent but more than 2.5 percent More than 16 percent
A stock had annual returns of 5.3 percent, −2.7 percent, 16.2 percent, and 13.6 percent over the past four years. Which one of the following best describes the probability that this stock will produce a return of 20 percent or more in a single year? Less than .5 percent Less than 1 percent but more than .5 percent Less than 2.5 percent but more than .5 percent Less than 16 percent but more than 2.5 percent More than 16 percent
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 15CR
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A stock had annual returns of 5.3 percent, −2.7 percent, 16.2 percent, and 13.6 percent over the past four years. Which one of the following best describes the probability that this stock will produce a return of 20 percent or more in a single year?
Less than .5 percent
Less than 1 percent but more than .5 percent
Less than 2.5 percent but more than .5 percent
Less than 16 percent but more than 2.5 percent
More than 16 percent
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