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According to the Normal model ?N(0.052?,0.027) describing mutual fund returns in the 1st quarter of? 2013,...

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Basic Math

According to the Normal model ?N(0.052?,0.027) describing mutualfund returns in the 1st quarter of? 2013, determine what percentageof this group of funds you would expect to have the followingreturns. Complete parts? (a) through? (d) below.

?a) Over? 6.8%?

?b) Between? 0% and? 7.6%?

?c) More than? 1%?

?d) Less than? 0%?

Answer & Explanation Solved by verified expert
3.6 Ratings (376 Votes)
Solution Given that mean 0052standard deviation 0027a 68 0068Px 68 1 Px 0068 1    See Answer
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