SCENARIO 6-6 According to Investment Digest,the Arithmetic Mean of the Annual Return

question 63

Short Answer

SCENARIO 6-6
According to Investment Digest,the arithmetic mean of the annual return for common stocks over an 85-year period was 9.5% but the value of the variance was not mentioned.Also 25% of the annual returns were below 8% while 65% of the annual returns were between 8% and 11.5%.The article claimed that the distribution of annual return for common stocks was bell-shaped and approximately symmetric.Assume that this distribution is normal with the mean given above.Answer the following questions without the help of a calculator,statistical software or statistical table.
-Referring to Scenario 6-6,what is the value above which will account for the highest 25% of the possible annual returns?

Understand the long-term risks associated with early adolescent substance misuse.

Compare the effects of alcohol on adolescents versus adults.

Analyze misconceptions and complexities in defining and addressing substance use in youth.

Acknowledge the early awareness of alcohol and its effects in children.

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