Question 6 (3 points) Below are returns on the stock A and S&P500...
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Question 6 (3 points)
Below are returns on the stock A and S&P500 index. All numbers are in decimals (-0.0222 is equivalent to -2.22%).
| A | S_P500 |
| -0.0222 | 0.0032 |
| -0.0048 | -0.0058 |
| 0.1333 | 0.0434 |
| 0.0765 | 0.1081 |
| -0.0161 | -0.0121 |
| 0.1250 | 0.1400 |
| 0.0145 | 0.0368 |
| -0.0475 | -0.0454 |
| 0.0430 | 0.0577 |
| -0.0260 | -0.1374 |
| 0.0071 | 0.0064 |
| 0.0249 | 0.0186 |
| 0.0850 | 0.0215 |
| -0.0624 | -0.0752 |
| 0.0933 | 0.0365 |
| 0.0456 | 0.0528 |
| -0.0632 | -0.0131 |
| 0.0450 | 0.0009 |
| 0.0200 | 0.0017 |
| 0.0280 | 0.0985 |
Assuming normal distribution, what is the probability that the next S&P500 return will be greater than 0?
Please write an answer in decimals. For example, 12% would be 0.12. Also, round your answer to the second decimal.
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