The Rate of Return for an Investment Can Be Described

question 124

Essay

The rate of return for an investment can be described by a normal distribution with mean 47% and standard deviation 3%. What is the probability that the rate of return for the investment exceeds 53%?

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Definitions:

Passionate

Showing or caused by strong feelings or a strong belief.

Jealous

Feeling or showing an envious resentment of someone or their achievements, possessions, or perceived advantages.

Excitement

A state of heightened arousal and enthusiastic anticipation towards an event or activity.

Despondent

Feeling or showing extreme discouragement, dejection, or depression.