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a) Over 6.8%? c) More than 1%? Between 0% and 7.6%? d) Less than 0%?

a) Over 6.8%? c) More than 1%? Between 0% and 7.6%? d) Less than 0%?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1CYU
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In the first quarter of 2017, a group of mutual funds had a mean return of 5.7% and a standard deviation of 2.6%. The returns were well-described by a Normal model. According to the Normal model N(5.7%,2.6%) determine what percentage of this group of funds you would expect to have the following returns. a) Over 6.8%? c) More than 1%? b) Between 0% and 7.6%? d) Less than 0%?
Transcribed Image Text:In the first quarter of 2017, a group of mutual funds had a mean return of 5.7% and a standard deviation of 2.6%. The returns were well-described by a Normal model. According to the Normal model N(5.7%,2.6%) determine what percentage of this group of funds you would expect to have the following returns. a) Over 6.8%? c) More than 1%? b) Between 0% and 7.6%? d) Less than 0%?
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