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In the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 4.1​% with a standard deviation of 6.9​%. If a normal model can be used to model​ them, what percent of the funds would you expect to be in each​ region? Use the​ 68-95-99.7 rule to approximate the probabilities rather than using technology to find the values more precisely. Be sure to draw a picture first. ​a) Returns of negative 2.8​% or less ​b) Returns of 4.1​% or more ​c) Returns between negative 16.6​% and 24.8​% ​d) Returns of more than 17.9​% ​a) The expected percentage of returns that are negative 2.8​% or less is nothing​%. ​(Type an integer or a​ decimal.) ​b) The expected percentage of returns that are 4.1​% or more is nothing​%. ​(Type an integer or a​ decimal.) ​c) The expected percentage of returns that are between negative 16.6​% and 24.8​% is nothing​%. ​(Type an integer or a​ decimal.) ​d) The expected percentage of returns that are 17.9​% or more is nothing​%. ​(Type an integer or a​ decimal.)

User Shari
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Answer:

A) 16%

B) 50%

C) 99.7%

D) 2.5%

Step-by-step explanation:

In the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 4.1​% with-example-1
User Varinder Sohal
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