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In the last quarter of 2007 a group of 64 mutual funds had a mean...

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In the last quarter of 2007 a group of 64 mutual funds had a mean return of 5 3 with a standard deviation of 3 4 Consider the Normal model N 0 053 0 034 for the returns of these mutual funds a What value represents the 40th percentile of these returns b What value represents the 99th percentile c What s the IQR or interquartile range of the quarterly returns for this group of funds a The value that represents the 40th percentile is Round to two decimal places as needed b The value that represents the 99th percentile is Round to two decimal places as needed c The IQR is Round to two decimal places as needed

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