The quarterly returns of a group of 59 mutual fund with the

Reference no: EM13636632

The quarterly returns of a group of 59 mutual fund with the mean of 3.6% and standard deviation of 5.3% can be modeled by a normal model. based on the model N(0.036, 0.053), what are the cutoff values for the

a) a highest 10% of these funds? b)lowest 20%? c)middle 40%? d) higest 80%?

Select the correct choice

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please show work

Reference no: EM13636632

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