Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean of 51 and a standard deviation of 14. The customers with scores in the bottom 10% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio
managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are
approximately normally distributed with a mean of 51 and a standard deviation of 14. The customers with scores in the bottom
10% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from
those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.
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O 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use I Privacy Center
Accessi
MacBook Air
DII
DD
80
esc
F11
F4
F5
F6
F7
F8
F9
F10
F1
F2
F3
@
#3
2$
&
9
Transcribed Image Text:Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean of 51 and a standard deviation of 14. The customers with scores in the bottom 10% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place. Explanațion Check O 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use I Privacy Center Accessi MacBook Air DII DD 80 esc F11 F4 F5 F6 F7 F8 F9 F10 F1 F2 F3 @ #3 2$ & 9
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