What is the probability that your return will be negative

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Reference no: EM131955140

You determined that the returns from Environment Friendly Electric (EFE) are normally distributed with a mean of 10% and standard deviation of 8%. In addition, you are confident that past returns are good indicators of future returns. If you buy shares in PT.

a) What is the probability that your return will be negative?

b) What is the probability that your return will be above 16%?

Reference no: EM131955140

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