If your investment advisor tells you that there was only a


Suppose that the return on a stock that you own is normally distributed with a mean of 11%. Furthermore, suppose that last year, the return on the stock was 5%. If your investment advisor tells you that there was only a 9% chance of getting a 5% return (or lower), what is the standard deviation of this stock's return? (please round your answer to 2 decimal places)

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Basic Statistics: If your investment advisor tells you that there was only a
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