Page 1 of 1
The average return for large-cap domestic stock funds over three years was 14.4%. Assume the three-year returns were nor
Posted: Mon Jul 11, 2022 11:38 am
by answerhappygod
- The Average Return For Large Cap Domestic Stock Funds Over Three Years Was 14 4 Assume The Three Year Returns Were Nor 1 (23.65 KiB) Viewed 34 times
The average return for large-cap domestic stock funds over three years was 14.4%. Assume the three-year returns were normally distributed across funds with a standard deviation of 4.6%. a. What is the probability an individual large-cap domestic stock fund had a three-year return of at least 20% (to 4 decimals)? b. What is the probability an individual large-cap-domestic stock fund had a three-year return of 10% or less (to 4 decimals)? c. How big does the return have to be to put a domestic stock fund in the top 10% for the three-year period (to 2 decimals)? %