What is the probablility of a return less than zero percent for Asset Y? Multiple Choice


What is the probablility of a return less than zero percent for Asset Y?
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Answer:
x = critical value = 0
u = mean = 13.4
s = standard deviation = 23.5
Thus,
z = (x  u) / s = 0.57021
Thus, using a table/technology, the left tailed area of this is
P(z < 0.57021) = 28.43%
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