Interquartile range of the quarterly range of the group

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Reference no: EM1389924

In the last quarter of 2007 a group of 64 mutual funds had a mean return of 0.9% with a standard deviation of 5.2%. Consider the normal model N(0.009.052) for the returns of these mutual funds.

a. What value represents the 40th percentile of these returns?

b. What value represents the 99th percentile?

c. What is the IQR, or interquartile range of the quarterly range of this group of funds?

Reference no: EM1389924

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