Consider the resource and mining stocks listed on the Australian Stock exchange. In 2021 the returns of these stocks wer
Posted: Mon Nov 15, 2021 10:24 am
Consider the resource and mining stocks listed on the Australian
Stock exchange. In 2021 the returns of these stocks were normally
distributed with a mean return of
3.9% and a standard deviation of 10%.
a. For a single stock chosen randomly from
that population, the probability that it would have a
percentage return less than 0 (that is, a loss) is: enter
your response here
(Give your answer as a decimal rounded to four
decimal places, not as a percentage).
b. For a single stock chosen randomly from
that population, the probability that it would have a
percentage return between −8 and −18
(Give your answer as a decimal rounded to four
decimal places, not as a percentage).
c. For a single stock chosen randomly from
that population, the probability that it would have a
percentage return greater than −6is:
(Give your answer as a decimal rounded to four
decimal places, not as a percentage).
Stock exchange. In 2021 the returns of these stocks were normally
distributed with a mean return of
3.9% and a standard deviation of 10%.
a. For a single stock chosen randomly from
that population, the probability that it would have a
percentage return less than 0 (that is, a loss) is: enter
your response here
(Give your answer as a decimal rounded to four
decimal places, not as a percentage).
b. For a single stock chosen randomly from
that population, the probability that it would have a
percentage return between −8 and −18
(Give your answer as a decimal rounded to four
decimal places, not as a percentage).
c. For a single stock chosen randomly from
that population, the probability that it would have a
percentage return greater than −6is:
(Give your answer as a decimal rounded to four
decimal places, not as a percentage).