The yield on a sophisticated investment type is normally


The yield on a sophisticated investment type is normally distributed with a mean return of 7.8% and a standard deviation of 3 percent.

What is the probability that a randomly chosen investment of this type will have a return of at least 10 percent? Round your answer to 4 decimal places.

Solution Preview :

Prepared by a verified Expert
Basic Statistics: The yield on a sophisticated investment type is normally
Reference No:- TGS02662844

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)