Summer Storme is analyzing an investment.
Summer Storme is analyzing an investment. The expected one-year
return on the investment is 20 percent. The probability distribution of
possible returns is approximately normal with a standard deviation of 15
percent.
a.What are the chances that the investment will result in a negative
return?
b.What is the probability that the return will be greater than 10
percent? 20 percent? 30 percent? 40 percent? 50 percent?
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