Sinogear Sinogear
  • 24-10-2022
  • Mathematics
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Consider an investment whose return is normally distributed with a mean of 10% and a standard deviation of 5%. (2.4)
Justify which statistics methodology needs to be used in the above context and
a) Determine the probability of losing money.
b) Find the probability of losing money when the standard deviation is equal to 10%.

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