jackchris1098 jackchris1098
  • 22-02-2024
  • Mathematics
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The historical returns on a portfolio had an average return of 9 percent and a standard deviation of 13 percent. Assume that returns on this portfolio follow a bell-shaped distribution. Approximately what percentage of returns were greater than 48 percent? (Round your answer to the nearest whole percent.)
a) 0%
b) 1%
c) 2%
d) 3%

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