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Assume That the Average Annual Historical Return for Shares That

question 9

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Assume that the average annual historical return for shares that comprise the Australian All Ordinaries index is 12%, and the standard deviation of returns is 20%. Based on these numbers what is a 95% prediction interval for 2016 returns?


Definitions:

Preoperative Phase

The period before a surgical operation begins, involving patient assessments and preparation for surgery.

Sterile Field

A specific area, free of all microorganisms, used during medical procedures to prevent infection.

Surgical Scrub

A thorough cleaning of the hands and arms with antimicrobial soap by surgical personnel to reduce the risk of infection.

Blood Loss

The reduction of blood volume due to injury, surgery, or medical conditions, which can range from minor to life-threatening.

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