The average return for large-cap domestic stock funds over the three years 2009-2011 was 14.9%. Assume the three-year re

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The Average Return For Large Cap Domestic Stock Funds Over The Three Years 2009 2011 Was 14 9 Assume The Three Year Re 1 (24.04 KiB) Viewed 45 times

The average return for large-cap domestic stock funds over the three years 2009-2011 was 14.9%. Assume the three-year returns were normally distributed across funds with a standard deviation of 4.7%. Use Table 1 in Appendix B. a. What is the probability an individual large-cap domestic stock fund had a three-year return of at least 20% (to 4 decimals)? 0.1492 b. What is the probability an individual large-cap domestic stock fund had a three-year return of 10% or less (to 4 decimals)? X 0.1587 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)? X 21.17 %