Question

The quarterly returns for a group of 50 mutual funds with a mean of 3.4​% and...

The quarterly returns for a group of 50 mutual funds with a mean of 3.4​% and a standard deviation of 6.2​% can be modeled by a Normal model. Based on the model ​N(0.034​,0.062​), what are the cutoff values for the

​a) highest 10​% of these​ funds?

​b) lowest 30​%?

​c) middle 60​%?

​d) highest 70​%?

Homework Answers

Answer #1

and

a)Z-score of 90th percentile is

b)Z-score of 30th percentile is

c)Z-scores of 20th percentile is and 80th percentile is

d)Z-score of 30th percentile is

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The quarterly returns for a group of 80 mutual funds with a mean of 3.7​% and...
The quarterly returns for a group of 80 mutual funds with a mean of 3.7​% and a standard deviation of 6.8​% can be modeled by a Normal model. Based on the model ​N(0.037,0.068), what are the cutoff values for the ​a) highest 40​% of these​ funds? ​b) lowest 30​%? ​c) middle 60​%? ​d) highest 70​%?
The quarterly returns for a group of 59 mutual funds with a mean of 1.7​% and...
The quarterly returns for a group of 59 mutual funds with a mean of 1.7​% and a standard deviation of 5.9​% can be modeled by a Normal model. Based on the model ​N(0.017​,0.059​), what are the cutoff values for the ​a) highest 20​% of these​ funds? ​b) lowest 40​%? ​ c) middle 80​%? ​d) highest 60​%?
The quarterly returns for a group of 5656 mutual funds with a mean of 2.32.3​% and...
The quarterly returns for a group of 5656 mutual funds with a mean of 2.32.3​% and a standard deviation of 6.16.1​% can be modeled by a Normal model. Based on the model ​N(0.0230.023​,0.0610.061​), what are the cutoff values for the ​a) highest 4040​% of these​ funds? ​b) lowest 1010​%? ​c) middle 6060​%? ​d) highest 9090​%?
n the last quarter of​ 2007, a group of 64 mutual funds had a mean return...
n the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 1.01.0​% with a standard deviation of 5.15.1​%. Consider the Normal model ​N(0.010.01​,0.0510.051​) for the returns of these mutual funds. ​a) What value represents the 40th percentile of these​ returns? ​b) What value represents the 99th​ percentile? ​c) What's the​ IQR, or interquartile​ range, of the quarterly returns for this group of​ funds?
In the last quarter of​ 2007, a group of 64 mutual funds had a mean return...
In the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 1.4​% with a standard deviation of 4.4​%. Consider the Normal model ​N(0.014​,0.044​) for the returns of these mutual funds. ​a) What value represents the 40th percentile of these​ returns? ​b) What value represents the 99th​ percentile? ​c) What's the​ IQR, or interquartile​ range, of the quarterly returns for this group of​ funds?
In the last quarter of​ 2007, a group of 64 mutual funds had a mean return...
In the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 1.2% with a standard deviation of 5.8%. Consider the Normal model ​N(0.012​,0.058) for the returns of these mutual funds. ​a) What value represents the 40th percentile of these​ returns? ​b) What value represents the 99th​ percentile? ​c) What's the​ IQR, or interquartile​ range, of the quarterly returns for this group of​ funds?
In the last quarter of​ 2007, a group of 64 mutual funds had a mean return...
In the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 3.8% with a standard deviation of 6.2%. If a normal model can be used to model​ them, what percent of the funds would you expect to be in each​ region? Use the​ 68-95-99.7 rule to approximate the probabilities rather than using technology to find the values more precisely. Be sure to draw a picture first. a) Returns of 10% or more ​b) Returns...
In the first quarter of​ 2017, a group of mutual funds had a mean return of...
In the first quarter of​ 2017, a group of mutual funds had a mean return of 6.9​% and a standard deviation of 2.6​%. The returns were​ well-described by a Normal model. According to the Normal model ​N(6.9​%,2.6​%) determine what percentage of this group of funds you would expect to have the following returns. ​a) Over​ 6.8%? ​b) Between​ 0% and​ 7.6%? ​ c) More than​ 1%? ​ d) Less than​ 0%?
In the first quarter of​ 2017, a group of mutual funds had a mean return of...
In the first quarter of​ 2017, a group of mutual funds had a mean return of 6.76.7​% and a standard deviation of 2.72.7​%. The returns were​ well-described by a Normal model. According to the Normal model ​N(6.76.7​%,2.72.7​%) determine what percentage of this group of funds you would expect to have the following returns. ​a) Over​ 6.8%? ​b) Between​ 0% and​ 7.6%? ​c) More than​ 1%? ​d) Less than​ 0%? ​a) The expected percentage of returns that are over​ 6.8% is...
please show work In the first quarter of 2013, a group of domestic equity mutual funds...
please show work In the first quarter of 2013, a group of domestic equity mutual funds had a mean return of 6.2% with a standard deviation of 1.8%. If a Normal model can be used to model them, what percent of the funds would you expect to be in each region? Be sure to draw a picture first. a) Returns of 8.0% or more b) Returns of 6.2% or less c) Returns between 2.6% and 9.8% d) Returns of more...