Mutual funds again from the 64 mutual funds in exercise 21, Accounting Basics

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Mutual funds again from the 64 mutual funds in exercise 21

Mutual funds, again From the 64 mutual funds in Exercise 21 with quarterly returns that are well modeled by a Normal model with a mean of 2.4% and a standard deviation of 5.6%, find the cutoff return value(s) that would separate the

a) highest 50%.

b) highest 16%.

c) lowest 2.5%.

d) middle 68%.

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Accounting Basics: Mutual funds again from the 64 mutual funds in exercise 21

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Accounting Basics: Mutual funds again from the 64 mutual funds in exercise 21

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