An investment strategy has an expected return of 8 percent and a standard deviation of 6 percent. Assume investment returns are bell shaped.
a. How likely is it to earn a return between 2 percent and 14 percent? (Enter your response as decimal values (not percentages) rounded to 2 decimal places.)
Probability =
b. How likely is it to earn a return greater than 14 percent? (Enter your response as decimal values (not percentages) rounded to 2 decimal places.)
Probability =
c. How likely is it to earn a return below -4 percent? (Enter your response as decimal values (not percentages) rounded to 3 decimal places.)
Probability =