You own an investment which has an arithmetic mean return of 30% and a standard deviation of 15%. What is the probability that you will earn a return in any given year that exceeds 0% (it is a positive rate of return)? Select one: a. 95.44% b. 97.72% c. 4.56% d. 0.26% e. 2.28% f. 68.26%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 18HP
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You own an investment which has an arithmetic mean return of 30% and a standard deviation of
15%. What is the probability that you will earn a return in any given year that exceeds 0% (it is a
positive rate of return)?
Select one:
a. 95.44%
b. 97.72%
c. 4.56%
d. 0.26%
e. 2.28%
f. 68.26%
Transcribed Image Text:You own an investment which has an arithmetic mean return of 30% and a standard deviation of 15%. What is the probability that you will earn a return in any given year that exceeds 0% (it is a positive rate of return)? Select one: a. 95.44% b. 97.72% c. 4.56% d. 0.26% e. 2.28% f. 68.26%
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