THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 37

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The distribution of IQ scores for high school graduates is normally distributed with mean μ = 104 and standard deviation σ = 16.
-What is the 95^th percentile of this normal distribution?

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Definitions:

Risk-Free Rate

The theoretical rate of return on an investment with no risk of financial loss.

Portfolio Beta

A measure that indicates the sensitivity of a portfolio's returns to the overall market movements.

Expected Beta

The prediction of the beta coefficient, which measures an asset's volatility or risk relative to the market as a whole.

Risk-Free Rate

The theoretical rate of return of an investment with zero risk, typically represented by the yield on government securities.