Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 13.6 percent and the standard deviation of those returns in this period was 43.86 percent. a. What is the approximate probability that your money will double in value in a single year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. What about triple in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 6 decimal places, e. g., .161616.)

a. 2.44%

b.  0.001070%

Explanation:

Given: The  returns from an asset are normally distributed with

Let x be the percentage value of return.

a. Double in value in a single year i.e. 100% return.

z-value =

Required probability = Right-tailed probability for Z = 1.97

= 0.0244   [By p-value calculator]

= 2.44%

b. Triple in value in a single year i.e. 200% return.

z-value =

Required probability = Right-tailed probability for Z =4.25

=  0.0000107    [By p-value calculator]

= 0.001070%

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

answer; the landlord can sue the renter,and the renter loses the security deposit;