MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The quarterly returns for a group of 72 mutual funds with a mean of 2.6% and a standard deviation
of 5.3% can be modeled by a Normal model. Based on the model N(0.026,0.053), what are the
cutoff values for the
a) highest 30% of these funds?
b) lowest 40%?
c) middle 60%?
d) highest 60%?
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Transcribed Image Text:The quarterly returns for a group of 72 mutual funds with a mean of 2.6% and a standard deviation of 5.3% can be modeled by a Normal model. Based on the model N(0.026,0.053), what are the cutoff values for the a) highest 30% of these funds? b) lowest 40%? c) middle 60%? d) highest 60%?
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