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
Type of Deliverable: Word Document
