Probability range for any one given year
Problem:
A stock has returns of 3%, 18%, -24%, and 16% for the past four years. Based on this information,
Required:
Question 1: What is the 95% probability range for any one given year? Explain all workings out and describe comprehensively.
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What is the 95% probability range for any one given year? Explain all workings out and describe comprehensively.
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