In a study of 100 common stocks, it was found that the annual dividend rates were normally distribut


Question: In a study of 100 common stocks, it was found that the annual dividend rates were normally distributed, with a mean of 4.0% and a standard deviation of 0.5% About how many of these stocks paid more than 5%?

A) Exactly 8 stocks

B) Either 4 or 5 stocks

C) Exactly 5 stocks

D) Either 2 or 3 stocks.


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Answer: The solution consists of 1 page
Type of Deliverable: Word Document

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