The quarterly returns for a group of 58 mutual funds with a mean of 3.8% and a standard deviation of 6.9% can be modeled
Posted: Mon Jul 11, 2022 11:56 am
The quarterly returns for a group of 58 mutual funds with a mean of 3.8% and a standard deviation of 6.9% can be modeled by a Normal model. Based on the model N(0.038,0.069), what are the cutoff values for the a) highest 30% of these funds? b) lowest 40%? c) middle 80%? d) highest 60%? a) Select the correct choice and fill in any answer boxes in your choice below. (Round to two decimal places as needed.) OA. X<% B.%<x<% OC. X>% Get more help. Clear all Check answer