According to the normal model n0024 0056 describing mutual


Mutual fund probabilities

According to the Normal model N(0.024, 0.056) describing mutual fund returns in the 4th quarter of 2007 in Exercise 21, what percent of this group of funds would you expect to have return

a) over 6.8%?

b) between 0% and 7.6%?

c) more than 1%?

d) less than 0%?

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Accounting Basics: According to the normal model n0024 0056 describing mutual
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