Calculate the probability that the sample mean, Macroeconomics

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Calculate the probability that the sample mean

Assume that the population of a certain class of mutual funds has an average rate of return of 8.0% with a standard deviation of 3.0%. If a sample size of 35 mutual funds is randomly selected, answer the following questions.

1. Calculate the probability that the sample mean will be more than 9.0%?

2. Calculate the probability that eh sample mean will be less than 7.5%?

3. Calculate the probability that the sample mean will be between 5.0% and 7.0%?

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Macroeconomics: Calculate the probability that the sample mean

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Macroeconomics: Calculate the probability that the sample mean

Reference No:- TGS0870484

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

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Macroeconomics: Calculate the probability that the sample mean

Reference No:- TGS0870484

Recent Questions Asked Macroeconomics

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