Suppose the returns of a particular group of mutual funds are normally distributed with a mean of 10.9% and a standard deviation of 4.6%. If the manager of a particular fund wants his fund to be in the top 10% of funds with the highest return, what return must his fund have? (please round your answer to 2 decimal places)
Suppose the returns of a particular group of mutual funds are normally distributed with a mean...
The quarterly returns for a group of 52 mutual funds with a mean of 3.2% and a standard deviation of 5,8% can be modeled by a Normal model. Based on the model N(0.032,0058)what are the cutoff values for the a) highest 40% of these funds? b) lowest 20%? c) middle 80%? d) highest 80%? a) Select the correct choice and fill in any answer boxes in your choice below. (Hound to two decimal places as needed.) A > O c....
Suppose that a group of mutual funds had an average return of 2% last year with a standard deviation of 3.6%. Assume these funds are normally distributed. What is the probability that a randomly selected fund had a positive return last year?
The quarterly returns for a group of 62 mutual funds with a mean of 2.8% and a standard deviation of 5.2% can be modeled by a Normal model. Based on the model N(0.028, 0.052), what are the cutoff values for the a) highest 10% of these funds? b) lowest 30%? c) middle 60%? d) highest 70%?
Suppose that scores on a particular test are normally distributed with a mean of 130 and a standard deviation of 19. What is the minimum score needed to be in the top 20% of the scores on the test? Carry your intermediate computations to at least four decimal places, and round your answer to one decimal place. ?
Suppose that scores on a particular test are normally distributed with a mean of 140 and a standard deviation of 16. What is the minimum score needed to be in the top 20% of the scores on the test? Carry your intermediate computations to at least four decimal places, and round your answer to one decimal place.
Suppose that scores on a particular test are normally distributed with a mean of 130 and a standard deviation of 20. What is the minimum score needed to be in the top 20% of the scores on the test? Carry your intermediate computations to at least four decimal places, and round your answer to one decimal place. |x 6 ?
International mutual funds reported weak returns in 2008. The population of international mutual funds earned in 2008 was normally distributed with a mean of 10 and a standard deviation of 20. If you selected a random sample of 10 funds from this population, what is the probability that the sample would have a mean return (Please show all work) less than -10 between 0 and -10 greater than -30
Need a help please. Thank you. A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that ylelds a sure rate of 5.2 %. The probability distributions of the risky funds are: Standard Expected Return Deviation Stock fund 13% 42% (s) Bond fund (B) 6% 36 % The correlation between the fund returns is .0222. Suppose...
Suppose the returns on a particular asset are normally distributed. Also suppose the asset had an average return of 11.5% and a standard deviation of 27.4%. Use the NORMDIST function in Excel to determine the probability that in any given year you will lose money by investing in this asset. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Probability %
You are considering two mutual funds as an investment. The possible returns for the funds are dependent on the state of the economy and are given in the accompanying table. State of the Fund Fund Economy 1 2 Good 42% 43% Fair 16% 22% Poor -18% -12% You believe that the likelihood is 13% that the economy will be good, 55% that it will be fair, and 32% that it will be poor. a. Find the expected value and the...