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TABLE 6-6
According to Investment Digest, the arithmetic mean of the annual return for common stocks from 1926-2010 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 Table 6-6, 75% of the annual returns will be lower than what value?
Heterosexual
A sexual orientation characterized by sexual attraction to persons of the opposite sex.
Bisexual
A sexual orientation characterized by the romantic or sexual attraction toward both males and females.
Courtship Rituals
The behaviors and activities engaged in by individuals to attract and select a mate.
Sexual Interest
Refers to the degree or intensity of a person's sexual feelings or desires.
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