the historical returns on a balanced portfolio, Macroeconomics

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the historical returns on a balanced portfolio

The historical returns on a balanced portfolio have had an average return of 12% and a standard deviation of 18%. Assume that returns on this portfolio follow a normal distribution. Use the empirical rule to answer the following questions. What percentage of returns were greater than 66%? What percentage of returns were below 6%?

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Macroeconomics: the historical returns on a balanced portfolio

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