Suppose That It Is Believed That Investor Returns on Equity

question 70

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 hour earned at least 5 percent?

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

---

Definitions:

Price of Clothing

Refers to the amount of money required to purchase garments and accessories.

Valuation

The process of determining the present value of an asset or company.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, reflecting their preferences and trade-offs.

Slope

In the context of economics, it often refers to the rate of change or inclination of a curve or line, indicating the relationship between two variables.