Question

The historical returns on a portfolio had an average return of 13 percent and a standard deviation of 16 percent. Assume that returns on this portfolio follow a bell-shaped distribution. a. Approximately what percentage of returns were greater than 29 percent? (Round your answer to the nearest whole percent.) Percentage of returns % b. Approximately what percentage of returns were below –19 percent? (Round your answer to 1 decimal place.) Percentage of returns %

          The historical returns on a portfolio had an average return of 13 percent and a standard deviation of 16 percent. Assume that returns on this portfolio follow a bell-shaped distribution.

a. Approximately what percentage of returns were greater than 29 percent? (Round your answer to the nearest whole percent.)

Percentage of returns %

b. Approximately what percentage of returns were below –19 percent? (Round your answer to 1 decimal place.)

Percentage of returns %

The historical returns on a portfolio had an average return of 13 percent and a standard deviation of 16 percent. Assume that returns on this portfolio follow a bell-shaped distribution.

a. Approximately what percentage of returns were greater than 29 percent? (Round your answer to the nearest whole percent.)

Percentage of returns %

b. Approximately what percentage of returns were below –19 percent? (Round your answer to 1 decimal place.)

Percentage of returns %

Added by Marcus R.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

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Solved by Expert T. L.

12/14/2022

Step 1

You are given that the average (mean) return of a portfolio is 13%, and the standard deviation is 16%. The distribution of returns is bell-shaped, which suggests it follows a normal distribution. You are asked to find: a. The percentage of returns greater than Show more…

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The historical returns on the portfolio had an average return of 13 percent and a standard deviation of 16 percent. Assume that returns on this portfolio follow a bell-shaped distribution. a. Approximately what percentage of returns were greater than 29 percent? (Round your answer to the nearest whole percent) Percentage of returns b. Approximately what percentage of returns were below -19 percent? (Round your answer to 1 decimal place.) Percentage of returns