A Security Produced Returns of 13 Percent,18 Percent,9 Percent,23 Percent,and

question 53

Multiple Choice

A security produced returns of 13 percent,18 percent,9 percent,23 percent,and -17 percent over the past five years,respectively.Based on these five years,what is the probability that this stock will earn more than 24.76 percent in any one given year?

• A)0.5 percent
• B)1.0 percent
• C)2.5 percent
• D)5.0 percent
• E)16.0 percent

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Definitions:

Human Resources

The department within an organization that is responsible for the recruitment, management, and direction of people who work in the organization.

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The practice or equipment used to provide artificial illumination in various settings, such as homes, offices, and outdoor spaces.

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A production process that allows products to be produced specifically for individual customers.