(Solved) Consider the following context: According to records at Acme Assets, the returns on their diversified assets portfolios follow a normal distribution.


Question: Consider the following context: According to records at Acme

Assets, the returns on their diversified assets portfolios follow a normal distribution. A sample

of equivalent substantial investments in these diversified assets portfolios yielded a mean annual

dividend of $125 with a standard deviation of $20. Finn, a financial advisor at Acme, randomly

selects an individual investment from these portfolios so to review its annual yield.

[COMMENTS & HINTS: In cases where the Empirical Rule generalities readily apply, do the

more precise computations anyway to affirm answers. Please be precise in your approximations!

Are these probability events inclusive or exclusive of boundary values for the random variables?

Does it matter?! Bonus credit available: the last item counts as extra credit*. Utilize the final

answer rounded to four decimal places # # # .#0 and then express it as a percentage as

follows: #% #.# # or #% #.# Ex: Express 0.8765 as 87.65% or 0.0123 as 1.23%]

What is the chance an investment yielded a dividend less than $180?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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