Question:
You may need to use the appropriate appendix table to answer
Last updated: 11/15/2023
You may need to use the appropriate appendix table to answer this question The average return for large cap domestic stock funds over three years was 14 4 Assume the three year returns were normally distributed across funds with a standard deviation of a What is the probability an individual large cap domestic stock fund had a three year return of at least 23 Round your answer to four decimal places b What is the probability an individual large cap domestic stock fund had a three year return of 10 or less Round your answer to four decimal places c How big does the return have to be to put a domestic stock fund in the top 25 for the three year period Round your answer to two decimal places