What is the probability that the return is between 4

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Reference no: EM13614970

Use the information below for the following four questions. The return on a corporate bond is distributed as a Uniform Random Variable with a minimum return of 2 percent and a maximum return of 12 percent, i.e. [ 2,12].

1. What is the probability that the return is greater than 4 percent?

2. What is the probability that the return is between 4 percent and 8 percent?

3. What is the mean of this distribution, i.e., the expected return?

4. What is the variance of this distribution?

Reference no: EM13614970

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