Over a Number of Years, the Average Annual Rate of Return

question 80

Multiple Choice

Over a number of years, the average annual rate of return for Fidelity's International Capital Appreciation mutual fund has been .035 with a standard deviation of .031.Assume annual returns are approximately normally distributed around the average rate.If you use this historical information as the basis for your calculations, the probability that this fund will produce a positive return is:

• A).1292
• B).8718
• C).1571
• D).7882
• E).8534

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Definitions:

Heterosexuality

A sexual orientation characterized by a romantic or sexual attraction between individuals of the opposite sex.

Historical Process

The series of events and developments over time that shape societal structures and norms.

Conceptualization

Conceptualization is the process of defining and clarifying complex ideas, theories, or phenomena, turning vague concepts into precise, actionable frameworks.

Heterosexual

An individual who is sexually attracted to people of the opposite sex, often considered the societal norm in many cultures.