Allison has owned an interest in a company called John Enterprises (JE). During the same time, Treasuries have yielded a 3% return. JE hasan average return of -3% with a standard deviation of 6%. Assuming the returns are normally distributed, what is the probability that JE willhave a return greater than the Treasury securities?O a. 2.5%O b. 16 %O c. 34%Od. 66%

Given information:Let X be the return following normal distribution with average -3% and standard…

Answered: Allison has owned an interest in a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Q7
The average return for large-cap domestic stock funds over certain three years was 7.2%. Assume the three-year returns were normally distributed across funds with a standard deviation of 2.2%. What is the probability an individual large-cap domestic stock fund had a three-year return of 5% or less? Group of answer choices 0.10 0.28 0.21
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