Suppose That It Is Believed That Investor Returns on Equity

question 50

Multiple Choice

Suppose that it is believed that investor returns on equity investments at a particular brokerage house are normally distributed with a mean of 9 percent and a standard deviation equal to 3.2 percent. What percent of investors at this brokerage house earned at least 5 percent?

• A) 89.44 percent
• B) 10.56 percent
• C) 39.44 percent
• D) 100 percent

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Definitions:

American Citizenship

The status of being a citizen of the United States, which includes certain rights, duties, and privileges, such as the right to vote, work, and live in the country.

Melting Pot

A metaphor for a society where many different types of people blend together as one.

Public Liberty

Public liberty refers to the freedom and rights enjoyed collectively by the people in a society, often including the protection from arbitrary government actions and the ability to participate in the political process.

Private Liberty

The concept and state of being free from government intrusion or control in one's personal life, choices, and property.