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SCENARIO 6-4
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 6-4, what is the value above which will account for the highest 25% of the possible annual returns?
Principled Negotiation
A negotiation strategy focused on mutual interests rather than positions, aimed at finding a solution that is fair to all parties involved.
Negotiating Parties
Individuals or groups engaged in discussions to reach a mutual agreement.
Negotiators
Individuals who engage in dialogue with the intent to reach an agreement or compromise on a matter of mutual interest.
Within A Culture
Pertaining to the practices, beliefs, values, and norms shared by a group of people in a specific social context.
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