Mathematics, 01.07.2021 23:00, carlosiscr7
A venture capital company feels that the rate of return (X) on a proposed investment is approximately normally distributed with mean 30% and standard deviation 10%.
(a) Find the probability that the return will exceed 55%.
(b) Find the probability that the return will be less than 25%
(c) What is the expected value of the return?
(d) Find the 75th percentile of returns.
Answers: 2
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