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These are the yearly returns for a mutual fund. . YearReturn 2013 15.00%
2014 -8.00%
2015 7.50%
2016 9.11%
2017 10.00%
2018 -7.62%
2019 4.00%
Based on a standard normal distribution, what range of outcomes would you expect to occur 68% of the time?
Select one:
a. Returns between -4% and 13%
b. Returns between -22% and 31%
c. Returns between -13% and 22%
You will need to make your annual consumption column dependent on the inflation rate, your investment earnings will grow at the nominal rate, and the bequest of $100,000 will grow at the inflation rate.
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