Answer: We should expect its actual return in any particular year to be between<u> -40%</u> and<u> 80%</u>.
Step-by-step explanation:
Given : The continuously compounded annual return on a stock is normally distributed with a mean 20% and standard deviation of 30%.
From normal z-table, the z-value corresponds to 95.44 confidence is 2.
Therefore , the interval limits for 95.44 confidence level will be :
Lower limit = Mean -2(Standard deviation) = 20% -2(30%)= 20%-60%=-40%
Upper limit = Mean +2(Standard deviation)=20% +2(30%)= 20%+60%=80%
Hence, we should expect its actual return in any particular year to be between<u> -40%</u> and<u> 80%</u>.
Answer:
1st option
Step-by-step explanation:
The 2 angles are alternate exterior angles and are congruent , so
3x = 2x + 20 ( subtract 2x from both sides )
x = 20
37 is the correct answer
4•37+2=150
