Determining the mutual fund probabilities

Reference no: EM131008696

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%?

Reference no: EM131008696

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