199k views
0 votes
According to Investment Digest, the arithmetic mean of the anual return for common stocks over an 85-year period was 9.5%, but the value of the variance was not mentioned. We do know that 20% of the annual returns were below 8%. Assume that this distribution is nomal. 70% of the annual returns will be higher than what value?

1 Answer

7 votes

Answer:

no

Step-by-step explanation:

User Sither Tsering
by
4.6k points