The quarterly returns of a group of 53 mutual fund with the

Reference no: EM13636622

The quarterly returns of a group of 53 mutual fund with the mean of 3.7% and standard deviation of 5.9% can be modeled by a normal model. based on the model N(0.037, 0.059), what are the cutoff values for the a) a highest 10% of these funds? b) lowest 30%? c) middle 20%? d) highest 70%?

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Reference no: EM13636622

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